#Write2Earn #AIXBET 🚨 AIXBT/USDT Technical Analysis - A Trader’s Perspective 🚨
The AIXBT/USDT pair is showing high volatility, with the price currently at $0.3907 (down 17.52% in the last 24h). After testing a strong support zone at $0.3598, the price has rebounded, hinting at potential short-term recovery. However, resistance looms at $0.3946 (MA 25), with further challenges near $0.4371 (MA 99).
The bearish trend remains dominant as indicated by the downward-sloping moving averages. Yet, the price trading above the MA 7 ($0.3851) could signal an early momentum shift.
🎯 Key Levels:
Support: $0.3598 (recent low)
Resistance: $0.3946 (MA 25) and $0.4371 (MA 99).
📈 Entry Strategy:
Bullish Setup: Look for a breakout above $0.3946, accompanied by strong volume, targeting $0.4371 and beyond.
Bearish Setup: If the price drops below $0.3598, short opportunities could emerge with caution.
💡 Pro Tip: Stay patient and let the levels confirm before entering trades. With the market's high volatility, risk management is critical to protect capital. Keep an eye on the volume and price action for the next move!
What’s your next move – will you ride the trend or wait for confirmation? Let’s discuss! 👇
