Current Price: $0.1793 (+7.88%)
Timeframe Analyzed: 1H Chart
Market Bias: Bullish
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Technical Overview
$AIXBT is currently showcasing a healthy bullish structure supported by a strong ascending trendline that has consistently held over the past few sessions. The price action reflects growing market confidence, particularly after a decisive rebound from the $0.1700 zone — a level that has acted as a reliable demand area.
The 1H chart reveals a pattern of higher lows, indicating buyers are defending key levels and stepping in with conviction. The structure is textbook bullish, and momentum indicators are aligning with this outlook.
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Key Technical Observations
Ascending Trendline: The upward-sloping trendline has provided dynamic support, guiding the price through a series of bullish impulses and shallow retracements.
Support Rebound: The recent bounce from the $0.1700 level was sharp and decisive, with bulls quickly reclaiming lost ground, a signal of underlying strength.
Resistance at $0.1920: This area has capped previous attempts to rally but is weakening. A second approach with volume could lead to a clean breakout.
Volume Watch: Increasing volume on green candles signals growing interest. A volume surge near $0.1850 could trigger a short squeeze.
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Trade Setup – Bullish Bias
Entry Zone: $0.1750 – $0.1790 (ideal for those waiting for a retest)
Take Profit Targets:
TP1: $0.1860 – Recent local resistance
TP2: $0.1920 – Previous rejection zone
TP3: $0.2000 – Psychological level and possible breakout extension
Stop Loss: Below $0.1680 (beneath trendline and key support)
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Why This Setup Matters
This setup represents a high-probability bullish continuation pattern. With the trendline acting as a backbone for the current rally, and higher lows reinforcing momentum, this zone offers a solid risk-reward opportunity for both swing and short-term traders.
If $AIXBT can break above the $0.1850–$0.1920 region with strong volume, it could ignite a momentum-driven breakout, pushing toward and possibly above the $0.2000 level — a round number and key psychological target.
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Pro Tip for Traders
Set alerts at $0.1850 and $0.1920. A strong push through these levels, especially with a volume spike, could signal the start of a much larger move. Stay agile, manage your risk, and don’t chase — let the setup come to you.
