$AIXBT Here is a detailed analysis for $AIXBT based on the current liquidation data.
Market Situation.
Long Liquidation: $2,921.50 occurred at the price of $0.35004.
This suggests that the market is showing selling pressure, as many long positions were liquidated.
When long liquidations occur, the price tends to drop temporarily, but it may find a support level and bounce back.
What’s Next.
Here’s a potential plan based on support and resistance levels.
Buy Zone.
Look for entries around $0.3300 - $0.3450.
This is a possible support zone where buyers may step in.
Targets.
1. Target 1: $0.3700 Short-term resistance level.
2. Target 2: $0.3900 If the price gains momentum.
3. Target 3: $0.4200 Strong resistance level; long-term target.
Stop Loss.
Place a stop loss at $0.3200.
This will minimize your loss if the market falls further.
Trading Tips.
1. Monitor Volume.
High buying volume around the buy zone can confirm a bounce.
2. Follow the Trend.
If the price drops below $0.3200, avoid buying as it may indicate a bearish trend.
3. Stay Updated.
Keep an eye on market news related to $AIXBT as it can affect price movements.
Let me know if you need further details.
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