As I said, rise $4 and this is the profit-taking phase
$AIOT
Haroon Alwareth
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Bullish
$AIOT
👌 I saw the chart you sent for the AIOT/USDT pair on the 15-minute timeframe.
Let me summarize the picture for you:
Technical Analysis:
• Current trend: Strong upward movement (sharp rebound from around $1.76 to $2.13).
• Indicators:
• Trading volume has significantly increased with the bullish candle → this indicates liquidity entering the market.
• MACD has started to show a positive crossover but is still close to zero → this means it could continue to rise as long as momentum persists.
• Stoch RSI is near the overbought zone (77) → a short correction may occur.
• Important levels:
• Strong resistance at $2.13 (it reached this level and then dropped).
• Initial support at $1.89 – $1.90.
• Stronger support at $1.76.
Summary:
• The currency is currently rising in the short term, but it has reached a strong resistance (at $2.13).
• If it breaks through $2.13 with strong trading volumes, we could see higher targets at $2.30 – $2.50.
• If it fails to break through, it may correct down to $1.90 or even $1.76.
⚠️ Advice: Do not enter immediately after a vertical rise; it is better to wait for a pullback to a support level to reduce risk.
👌 I saw the chart you sent for the AIOT/USDT pair on the 15-minute timeframe.
Let me summarize the picture for you:
Technical Analysis:
• Current trend: Strong upward movement (sharp rebound from around $1.76 to $2.13).
• Indicators:
• Trading volume has significantly increased with the bullish candle → this indicates liquidity entering the market.
• MACD has started to show a positive crossover but is still close to zero → this means it could continue to rise as long as momentum persists.
• Stoch RSI is near the overbought zone (77) → a short correction may occur.
• Important levels:
• Strong resistance at $2.13 (it reached this level and then dropped).
• Initial support at $1.89 – $1.90.
• Stronger support at $1.76.
Summary:
• The currency is currently rising in the short term, but it has reached a strong resistance (at $2.13).
• If it breaks through $2.13 with strong trading volumes, we could see higher targets at $2.30 – $2.50.
• If it fails to break through, it may correct down to $1.90 or even $1.76.
⚠️ Advice: Do not enter immediately after a vertical rise; it is better to wait for a pullback to a support level to reduce risk.
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