Based on the chart, it is evident that after forming a compression pattern, Sleepless AI managed to break out upwards, surpassing the pattern's ceiling. Following a pullback to the broken level and the accumulation of sufficient liquidity, Sleepless AI (AI) is likely to encounter increased demand and sustain its upward trajectory, provided that the identified support levels hold.
Analyzing the 4-hour time frame chart, several key support and resistance levels become apparent for this cryptocurrency, which could serve as potential areas for future price reactions. These critical levels are as follows:
Short-term support: $0.458 Static support: $0.355 Resistance and supply zone: $0.64 to $0.74 Target and resistance range: $1.29
By closely monitoring these levels, we can anticipate how Sleepless AI might behave in the coming sessions, as they are likely to play a pivotal role in guiding future price movements.
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