#AI Technical Analysis in a Daily Timeframe

11 set

Hello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.

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Now, let’s dive into this chart analysis:

AI is approaching a crucial point where it must break above the resistance trendline and the 50 EMA to continue its bullish rally.

The $0.343 support trendline is critical for AI to hold, as a breakdown and close below this level could lead to a drop toward the lower support trendline.

On the bullish side, AI is targeting $1.27, a 270% rally from the support, but it first needs to break above the resistance.

Key levels:

- Primary Support: $0.343.
- Primary Resistance: 50 EMA & Resistance Trendline ($0.41-$0.44).
- Invalidation: A close below the $0.343 support.
- Bullish Move: A close above the resistance trendline.

DYOR. NFA.

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