Technical Analysis: $AI
/USDT🔥💯
Current Price: $0.6384
Trend: Bullish (uptrend, +1.16% in 24h)
1. Support Level: $0.6016 (24h Low)
2. Resistance Level: $0.6729 (24h High)
The price has recently made a move higher after bouncing off the support around $0.6016. The current momentum suggests a continuation towards the upper resistance zone near $0.6729.
Trade Signal (Buy Recommendation)
Entry Price: $0.6384
Stop Loss: $0.6057 (near recent low)
Target Levels:
First Target: $0.6526 (short-term resistance)
Second Target: $0.6634 (next key resistance)
Third Target: $0.6729 (24h High)
Momentum:
Strong Bullish Momentum: The RSI and MACD indicators show an upward trajectory, suggesting ongoing bullish sentiment. Watch for price consolidation near support before possible breakout moves.
This setup indicates potential for further upward movement, but it’s important to monitor for any sudden drops that could signal reversal.