🚀 $AIXBT /USDT Futures Market Update 🚀
🔹 Current Price: $0.1192
🔹 1H Timeframe Analysis
🔹 200 MA: $0.1148 (Price testing above)
🔹 RSI (14): 61.94 (Approaching Overbought)
AIXBTUSDT is attempting a recovery after a strong sell-off, bouncing from its recent lows. The price is testing the 200 MA, which could act as dynamic resistance. RSI is nearing overbought levels, suggesting potential resistance ahead.
📊 Key Observations:
✅ Break above $0.12 could lead to bullish continuation.
✅ 200 MA acting as resistance—a decisive break is needed for further upside.
✅ RSI near 62 suggests buyers are gaining momentum, but overbought conditions may lead to a short-term pullback.
💡 Trading Strategy:
🚀 Bullish Case: A breakout above $0.12 could open doors to $0.13–$0.135.
⚠️ Bearish Case: If rejected, a retest of $0.11 or lower support levels is possible.
📍 Key Levels to Watch:
📌 Resistance: $0.12 | $0.13 | $0.135
📌 Support: $0.11 | $0.097
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