$AI Market Update

Liquidation Alert:

$56.2K in long positions were liquidated at $0.327, indicating selling pressure and potential weakness in price action.

Market Overview:

$AI is facing a correction after the liquidation event. The price is now testing key support, and the next move depends on whether buyers step in or if further downside unfolds.

Key Levels to Watch:

Resistance: $0.630 – $0.645 (A breakout above this range could trigger recovery)
Support: $0.600 – $0.590 (If this level fails, a deeper decline could follow)

Trade Strategy:

Buy Zone: $0.600 – $0.617 (If price stabilizes and shows signs of recovery)
Sell Zone: $0.630 – $0.645 (If price struggles to break resistance)
Target: $0.660+ (If momentum turns bullish and resistance is broken)

Market Sentiment:

$AI is under pressure after long liquidations. Holding support at $0.600 is crucial for a potential rebound. A failure to maintain this level may lead to further downside.

Trade carefully and manage your risk.