$AI Bullish Momentum Sparks 13.61% Rally
AI is trading at $0.7097, marking a 13.61% gain in the last 24 hours. The token hit a high of $0.7640, showing strong upward momentum.
Technical Analysis Highlights:
• The price is currently above the 7-hour MA ($0.7023), indicating continued bullish pressure.
• The 25-hour MA at $0.6589 provides solid support for potential pullbacks.
• The 99-hour MA at $0.5953 confirms a long-term uptrend.
Volume activity shows increased interest, with a 24-hour volume of 48.71M AI tokens. The next resistance zone is $0.7640, while support can be seen around $0.6925.
Traders are advised to watch for a potential retest of the $0.7640 resistance, with a breakout likely to target $0.8000. However, a rejection at this level could lead to consolidation near the $0.6925 support. Stay informed and manage risks wisely!
