$AI is looking intriguing. On the daily chart, the price is sitting right on the lower Bollinger Band, a spot that historically hints at a reversal or at least some short-term consolidation. The Stochastic RSI is scraping the bottom, showing oversold conditions, which could mean sellers are losing steam. Meanwhile, the Parabolic SAR is still above the price, but if we see a break here, it might be the first sign of a move back up.
Historically, setups like this tend to lead to a bounce or consolidation around support. And speaking of support, the $0.58 to $0.60 range looks like the key zone to watch. The question is: will the market snap back, or will the bearish trend keep dragging us down?
If we see volume start to pick up, a bounce could be in the cards.