$AIXBT Long Liquidation Alert
A notable long liquidation of $10,946 was executed at $0.5473, signaling potential bearish dominance in the market.
Key Levels to Monitor:
• Support: $0.5300 – A critical level where buyers may attempt to stabilize the price.
• Resistance: $0.5600 – A strong barrier that needs to be cleared for any bullish recovery.
Market Analysis:
The liquidation reflects selling pressure. If the price breaks below $0.5300, further downside toward $0.5100 is possible.
On the other hand, a bounce from support could push the price back toward the $0.5600 resistance.
Trading Strategy:
• Buy Zone: $0.5320–$0.5370 (entry near support; stop loss at $0.5250).
• Sell Zone: $0.5550–$0.5600 (entry near resistance for short-term pullbacks).
Stay vigilant as volatility may increase.
Use strict risk management to navigate this market.
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