$AIXBT Based on the chart for AIXBT/USDT (Perpetual) on the 4-hour timeframe, here is a technical analysis and an intraday trading signal:
๐ Technical Overview
Current Price: 0.19293 USDT
Trend: Downtrend (long-term), with a potential short-term breakout
Pattern Observed: Descending triangle resistance being tested
MACD Indicator:
MACD Line (Blue): 0.00119
Signal Line (Yellow): -0.00630
Histogram: Just turned positive (bullish divergence)
๐ Key Technical Levels
Immediate Resistance (Trendline): ~0.193โ0.195 USDT
Breakout Confirmation: 4H candle close above 0.195โ0.198
Support Zone: 0.17568 (24h low), followed by 0.17074 (recent swing low)
Target Zones After Breakout:
Short-Term Target 1: 0.203โ0.205
Short-Term Target 2: 0.222โ0.225 (major resistance)
Invalidation Level: Below 0.182
๐ข Intraday Buy Signal (Bullish Scenario)
Trigger Buy Entry: Above 0.195 (trendline breakout confirmation)
Stop-Loss: 0.185
Targets:
TP1: 0.203
TP2: 0.222
Risk/Reward: ~1:2.5