#XAI
Key levels to watch
• 0.0070 - 0.0080 key support zone
• 0.0100 - 0.0120 breakout area
• 0.0447 first major target
• 0.1212 higher timeframe resistance
XAI is trading near the lower end of its long-term range, where risk-to-reward starts becoming more attractive. A successful defense of support followed by a breakout above the descending resistance could trigger a strong recovery move toward the higher targets.
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Key levels to watch
• 0.0070 - 0.0080 key support zone
• 0.0100 - 0.0120 breakout area
• 0.0447 first major target
• 0.1212 higher timeframe resistance
XAI is trading near the lower end of its long-term range, where risk-to-reward starts becoming more attractive. A successful defense of support followed by a breakout above the descending resistance could trigger a strong recovery move toward the higher targets.
Powered by @Coins
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