AIXBT/USDT 1H: Accumulation Signals Potential Reversal to $0.65

AIXBT/USDT 1H Chart Analysis
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Current Market Structure:

• Bearish trend with a series of lower highs and lower lows.
  
• RSI: Showing potential bullish divergence in the 40-45 range, indicating possible reversal signals.
  

Key Levels:

• Resistance: $0.65, $0.70
  
• Support: $0.50, $0.45
  
• Current Price: ~$0.51
  
• Trade Setup (Confidence Level: 7/10):
  

Long Position:

• Entry Zone: $0.50-$0.51
  
• Targets:
  
• T1: $0.55
  
• T2: $0.65
  
• Stop Loss: Below $0.47
  
• Risk Score: 6/10 (moderate due to prevailing bearish trend).
  

Market Maker Analysis:

• Signs of accumulation at the $0.50 level, indicating potential institutional interest.
  
• Volume profile supports a possible bounce, but expect choppy price action before a clear breakout.
  

Recommendation:

• Long position is valid in the $0.50-$0.51 zone, but wait for a confirmed higher high above $0.55 for added confidence.
  
• Monitor volume and RSI for further confirmation of reversal signals.
  
• Tight risk management is crucial given the overall bearish trend.
  
• Confidence Level: 7/10 for accumulation-driven upside potential.
  

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