$AIXBT 1h: Analysis 📊
Given the strong bullish momentum on indicators and price bouncing from support, I expect the price to rise toward 0.1103 and then 0.1128 if buyers step in again.
- For a trade, wait for price to retest the 0.1088–0.1084 demand zone and give a strong bullish reversal signal—like a pin bar or bullish engulfing. Lower timeframe bullish structure also adds confidence.
- Entry: After confirmation at support (0.1088–0.1084), ideally with a reversal candlestick or a double bottom.
- Take-profits: First at 0.1103, next at 0.1128, then at 0.1141 if the move remains strong.
- Stop-loss: Place below the swing low (for example, under 0.1061).
- If price loses 0.1061 convincingly, or a bearish structure forms below 0.1050, re-evaluate for a possible trend continuation short, aiming for new lows.
- If price breaks out and closes above 0.1128 with strong volume, expect a further move toward 0.1141 or even 0.1179 quickly.