Technical Analysis for $AIXBT

/USDT:

Current Price: $0.1175 (Up 10.74%)

Trend: The price shows a bullish momentum in the short term, with the price trending upward from the 24-hour low of $0.1015 to the current $0.1175. There is strong upward momentum, but it's crucial to watch for potential consolidation or pullbacks.

Support Levels:

First Support: $0.1134

Second Support: $0.1108

Resistance Levels:

First Resistance: $0.1186 (recent high, crucial break level)

Second Resistance: $0.1200 (psychological resistance level)

Trade Signal & Momentum:

Signal: Bullish

Trade Momentum: Strong upward momentum as seen in the 10.74% increase in the last 24 hours.

Buy: If the price holds above $0.1160 and breaks above $0.1186, target higher levels.

Target Levels 🎯:

Target 1: $0.1200 (Psychological resistance)

Target 2: $0.1250 (Next potential resistance level)

Target 3: $0.1300 (Resistance zone and profit-taking region)

Additional Notes:

Watch for price retracements to support levels before entering a trade.

A sustained break above $0.1186 could signal further upside momentum.

Watch for volume confirmation to maintain trade momentum.

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