$AIXBT smashed all our targets!

$AIXBT /USDT (LONG) TRADE SETUP & ANALYSIS

Trade Setup Insight:

Entry: ~$0.1920
Stop Loss: ~$0.1848
Take-Profit 1: $0.2000
Take-Profit 2: $0.2130

Chart Pattern & Structure Analysis:

1. Pattern: Inverse Head and Shoulders

clearly marked two “L” (lows) and two “H” (highs), forming a potential inverse head and shoulders pattern — a bullish reversal signal.

The neckline appears to be around $0.220, which the price failed to break above recently.

2. Support & Resistance:

Key Resistance Zones:

$0.2200 – neckline / local double top.

$0.2400 – previous major resistance high.

Key Support Zones:

$0.1600 – strong double bottom (buyers stepped in hard).

$0.1848 – near-term support (your current stop).

3. Trendlines:

An upward-sloping trendline supports the recent bounce, suggesting bullish structure is still intact.

4. Moving Averages:

Short-term EMA (red) was recently broken upward — this could be an early bullish sign.

The green MA (possibly a longer EMA or SMA) is flattening, suggesting neutral momentum.

Risk-Reward Ratio: Favorable if you're targeting the $0.2200-$0.2400 area.

Entry Timing: This recent bounce from support looks promising, especially if volume increases.

Market Sentiment & Strategy Suggestion:

Short-Term Bias: Cautiously bullish — the bounce off support and formation of a higher low is encouraging.

Confirmation Needed: Break and hold above $0.1965–$0.2000 with volume to confirm upside push.

Watch For:

A failed breakout at $0.1965–$0.2000 could create a fakeout zone.

A break below $0.1848 invalidates this bullish thesis — consider tightening stop if volatility increases.

Trade $AIXBT