$AI /USDT: Consolidating After a Rally – Preparing for the Next Move
$AI has experienced a strong upward rally, breaking key resistance levels to reach a high of $0.8598 within the past 24 hours. The current consolidation near $0.8300 suggests a pause in momentum as traders await the next breakout. With neutral RSI levels, AI is poised for potential upward continuation or a pullback, offering opportunities for both long and short trades.
Trade Setups
Long Trade Setup
Entry: Above $0.8400
Targets:
1. $0.8500
2. $0.8600
Stop-Loss: $0.8200
Short Trade Setup
Entry: Below $0.8200
Targets:
1. $0.8100
2. $0.8000
Stop-Loss: $0.8350
Market Insight
AI is consolidating after a sharp rally, and traders should monitor volume for confirmation of the next breakout or breakdown. Both long and short setups provide opportunities with minimal TP gaps, allowing for safer execution.
