📉 $AIA Continues Its Deep Correction After Parabolic Rally ⚠️
$AIA has dropped -19.17% in the last 24 hours, now trading around $1.6666, marking a sharp retracement from its local high of $2.15. After the explosive surge earlier this month, the token is clearly undergoing a cooling-off phase as short-term traders lock in profits.
Despite the pullback, trading activity remains intense — with over $370M in total 24h volume (combined in AIA/USDT pairs). The 8H chart shows AIA sitting just above the key support zone near $1.60, with the MA(99) line acting as the final line of defense before deeper downside pressure.
📊 Market Overview:
• Support: $1.60 – $1.55
• Resistance: $1.80 – $2.00
• Sentiment: Bearish short-term, potential bounce near support
• Volume trend: Gradually stabilizing after panic sell-off
If $AIA can hold above $1.60, a relief rebound back to $1.80 could occur. However, losing that support may trigger a retest of the $1.50 region.
