$AIXBT Market OverviewOverview

AIXBT is currently exhibiting a bullish trend, characterized by higher highs and higher lows. The price is trading above both the 50-period and 200-period Simple Moving Averages (SMA), confirming a positive medium- to long-term outlook.

Key Support and Resistance Levels

Support Levels: $0.165, $0.160

Resistance Levels: $0.180, $0.185

A breakout above the $0.185 resistance could pave the way for a retest of the recent high at $0.195.

Momentum Indicators

Relative Strength Index (RSI): Currently at 60.97, the RSI is in the neutral zone, suggesting neither overbought nor oversold conditions.

Moving Average Convergence Divergence (MACD): The MACD line is above the signal line, indicating bullish momentum.

Average Directional Index (ADX): At 40.22, the ADX indicates a strong trend, supporting the current bullish sentiment.

✅ Trade Setup

Entry Point: Consider entering a long position near the support level of $0.165.

Stop-Loss: Place a stop-loss order below $0.160 to manage risk.

Take-Profit Targets:

TP1: $0.180

TP2: $0.185

TP3: $0.195

Monitor the price action closely; a decisive brea$BTC kout above $0.185 could signal a continuation towards higher targets.