#AIOZ Technical Analysis in a Daily Timeframe
Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
AIOZ is trading within a descending parallel channel, and the price is currently near the support level at $0.33. Given the ongoing downtrend, it’s likely that AIOZ will test this support level or even the lower boundary of the channel.
A rebound from the current price or the support levels could trigger a bullish rally, potentially aiming for $1.059, representing a 220% gain.
Key levels:
- Primary Support: $0.33.
- Lower Support: $0.244-$0.27.
- Primary Resistance: $0.49.
- Target: $1.059.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
AIOZ is trading within a descending parallel channel, and the price is currently near the support level at $0.33. Given the ongoing downtrend, it’s likely that AIOZ will test this support level or even the lower boundary of the channel.
A rebound from the current price or the support levels could trigger a bullish rally, potentially aiming for $1.059, representing a 220% gain.
Key levels:
- Primary Support: $0.33.
- Lower Support: $0.244-$0.27.
- Primary Resistance: $0.49.
- Target: $1.059.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
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