$AIXBT /USDT is Pumping! Is a Breakout Imminent? $AIXBT /USDT is on a bullish tear, currently trading at $0.8476, up by 16.41% in the last 24 hours. This sharp movement has brought the price closer to its daily high of $0.8799, signaling strong buying interest.
Critical Levels to Monitor:
Resistance Levels:
1. $0.8799 – Key resistance, a breakout could lead to further upside.
2. $0.9000 – Psychological level, pivotal for sustained momentum.
3. $0.9200 – Next target if the bullish trend persists.
Support Levels:
1. $0.8000 – Immediate support to maintain upward momentum.
2. $0.7400 – A strong floor to watch in case of retracement.
Trade Setup:
Bullish Scenario:
Entry Point: Above $0.8800 for confirmation of a breakout.
Targets:
$0.9000
$0.9200
Stop-Loss: Below $0.8000.
Bearish Scenario:
Entry Point: Below $0.8000 if rejection occurs at resistance.
MACD: Positive trajectory, supporting the upward trend.
Market Insight:
The current rally could be attributed to increased trading volume and speculative interest in AI-driven tokens. Keep a close eye on the $0.8800 resistance level to confirm the next leg of the move.