Hello, traders! 🦁 A Double Top Pattern is unfolding on the 4H chart of AIXBT/USDT, signaling a potential trend reversal. The bulls are struggling to break the $0.67 resistance as the bears take control. Could this be your next opportunity? Let’s dive in!
🔑 Key Levels to Watch: 👉 Resistance: $0.67 🚫 👉 Support: $0.48 🛡️ 👉 EMA Signals: EMA(7) is crossing down, showing bearish momentum 📊 👉 RSI (6): Neutral at 50, but a dip below 40 could confirm selling pressure 📉 👉 MACD: Bearish crossover forming ⚠️
🔥 Actionable Insight: If the price breaks below $0.48, expect further downside potential! However, watch for false breakouts—wait for confirmation before entering. 🚀
💡 Pro Tip: Combine this pattern with other indicators like volume for stronger confirmation!
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💬 What do you think about this setup? Let us know in the comments! 👇