🚨 **AIXBT/USDT Analysis: Key Levels to Watch!** 🚨
The market is buzzing with action as **AIXBT** trades at **$0.7989**, down **8.85%** in the last 24 hours. 📉 The bears are in control, with the price below critical moving averages:
- **Short-term (MA7)**: $0.7947
- **Medium-term (MA25)**: $0.8035
- **Long-term (MA99)**: $0.8352
🔑 **Key Support**: $0.7650 – This is the recent low and a critical level for bulls to defend.
🔑 **Key Resistance**: $0.8035 (MA25) and $0.8350 (MA99) – Breaking above these would signal a potential trend reversal.
📊 **Entry Strategy**:
- **For Bears**: Short near resistance levels ($0.8035-$0.8350) with targets at $0.7650.
- **For Bulls**: Wait for a confirmed breakout above $0.8350 for long entries, aiming for a recovery toward $0.85+.
The intraday downtrend hints at further weakness, but strong volume (277M AIXBT traded) suggests a big move could be on the horizon. Stay sharp, and trade smart! 💡📈
What’s your next move? 💭
