*$AI Analysis: Can Bulls Hold the Line? 📊*
$AI has found some support at the $0.169 zone, but it's still struggling to gain momentum. The price is hovering around $0.171, and the 4-hour chart shows bearish momentum. Weak volume adds to the concerns.
*Key Points*
1. *Support Zone*: $0.169 is crucial for bulls to hold and survive.
2. *Bearish Momentum*: The 4-hour chart indicates bearish momentum, and the price is struggling.
3. *Weak Volume*: Light volume suggests a lack of conviction from buyers.
*Trade Setup*
1. *Short Setup*: Entry around $0.17111
2. *Targets*:
- Target 1: $0.162
- Target 2: $0.154
- Target 3 (Extended): $0.146
*What's Next?*
The fate of $AI depends on its ability to hold the $0.169 support zone. If bears take control, the targets mentioned above could be in play. Stay cautious and monitor the price action closely!