$XAI Blasting Off with Massive Volume!
On the 1H timeframe, $XAI from the Gaming sector is currently trading at 0.0898 USDT, rocketing by a massive +23.52%! The 24h high is 0.1100 USDT and the 24h low is 0.0616 USDT, with an enormous 24h volume of 363.19M XAI and 29.42M USDT. The price action shows a strong impulsive move upwards, indicating significant buying pressure.
Potential Long Targets (Riding the Momentum):
🎯 First Target: 0.1000 USDT
🎯 Second Target: 0.1100 USDT (24h High)
🎯 Ultimate Target: 0.1200 USDT (If momentum sustains)
Potential Stop Loss (for Long Position):
🛡️ 0.0850 USDT (Consider as a stop loss level below the recent consolidation and a key support area)
Alternative Signal (If Bullish Momentum Fails):
🛡️ Potential Short Entry (Rejection at Highs): If the price fails to break and hold above 0.1100 USDT and shows strong bearish rejection, consider a short position targeting 0.0800 USDT and potentially lower.
Trade and buy here on $XAI