#AI16Z Key Levels for Long and Short Positions:
Resistance Levels: 0.3132, 0.3277 (Upper Range)
Support Levels: 0.2978, 0.2831 (Strong Support)
Trading Suggestions:
Short-term suggestion is to trade within the range, lightly test long positions at the support level (stop-loss below 0.2950), and reduce positions at the resistance level. Wait for the following signals to confirm trend changes:
Breakout Upwards: Consecutive closes above 0.3277 and MACD histogram turns positive
Breakdown Downwards: Significant volume drops below 0.2831 accompanied by RSI < 30