$AIXBT /USDT has shown a significant downtrend, losing 17% of its value, indicating strong bearish momentum.
On multiple timeframes, RSI is below 30, indicating oversold conditions and a potential for a short-term rebound.
Bearish crossover with descending histogram bars, showing sustained selling pressure.
The price is hugging the lower band, signifying intense selling pressure with a potential for a mean reversion.
A notable increase in selling volume supports the bearish trend.
Market metrics such as the 24h volume, large outflows, and market cap dominance reinforce the weakness in sentiment.
Spot (Bullish Potential):
Entry: $0.2680
Take Profit: $0.2890
Stop Loss: $0.2590
Futures (Bearish Potential):
Entry: $0.2680
Take Profit: $0.2450
Stop Loss: $0.2770
$AIXBT /USDT presents a cautiously compelling opportunity for futures traders given its sustained bearish momentum. With critical resistance near $0.2890 and support around $0.2450, the current downtrend aligns with the increased selling volume and bearish MACD signals. Spot traders may cautiously look for a rebound near oversold levels, while futures traders can exploit the downside potential with proper risk management. The analysis empowers followers to navigate confidently and strategically in this volatile market.
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