$AI on the Rise! Ready for a Breakout?
Current Price: $0.4685 (+3.81%)
Key Levels:
• 24H High: $0.5013
• 24H Low: $0.4463
• Support & Resistance:
• Support: Near the 7-hour moving average at $0.4690
• Resistance: Around recent high of $0.5013
Technical Analysis:
AI has seen a steady upward movement, now testing resistance at the $0.47-$0.48 range. The 7-hour moving average is slightly above the current price, which could act as a near-term support. Volume spikes in recent sessions indicate increased interest, signaling a potential breakout.
Moving Averages:
• MA(7): $0.4690
• MA(25): $0.4681
• MA(99): $0.4758
All three MAs are close to the price, suggesting consolidation. A break above $0.48 could lead to a retest of $0.50, while holding above the 7-hour MA strengthens bullish momentum.
Strategy:
Traders may consider entry near support at $0.46-$0.47, targeting $0.50+ if volume confirms a breakout. #HaveYouBinanced #USInflationAboveTarget #TrumpNominatesMuskDOGE #BTCBreaks93k