$AIXBT Bearish Trend Dominates as Support Levels Fail
Current Price: 0.1530 USDT
Change: -0.0008 (-0.52%)
The chart displays a clear bearish trend, with the price failing to hold above key support levels. The recent decline has pushed the price below 0.1540 USDT, indicating further downside potential.
Key Levels:
Support: 0.1520 USDT (Immediate), 0.1500 USDT (Stronger)
Resistance: 0.1540 USDT (Immediate), 0.1580 USDT (Stronger)
Bullish Scenario:
Target 1: 0.1540 USDT (Immediate Resistance)
Target 2: 0.1580 USDT (Stronger Resistance)
Condition: Price must break and sustain above 0.1540 USDT.
Bearish Scenario:
Target 1: 0.1520 USDT (Immediate Support)
Target 2: 0.1500 USDT (Stronger Support)
Condition: Price must break below 0.1520 USDT to confirm further downside.
The bearish trend is currently dominant, with support levels under pressure. Traders should monitor the 0.1520 USDT level closely for potential breakdowns. A break above 0.1540 USDT could signal a bullish reversal.
