$AI /USDT Analysis – Testing Critical Support Levels
Immediate Levels to Watch
Support
$0.6470: Immediate support; losing this level could extend the downtrend.
$0.6300: Stronger support zone to monitor for potential rebounds.
Resistance
$0.6700: Immediate resistance; breaking above could indicate a short-term recovery.
$0.7000: A significant resistance level to confirm a reversal in trend.
Suggested Strategy
For Long Positions
Entry: Near $0.6470 with a stop-loss at $0.6300.
Targets: $0.6700 and $0.7000.
For Short Positions
Entry: Below $0.6470 targeting $0.6300, with a stop-loss at $0.6550.
Market Insights
AI is experiencing significant bearish momentum, with the RSI at 19 signaling oversold conditions. While a relief bounce is possible, the broader trend remains weak. Volume at key levels will determine the next move, with caution advised for both buyers and sellers.