AIXBT/USDT 1H: Discount Zone Accumulation – Bounce Incoming?

195
AIXBT/USDT 1H Chart Analysis
🚀 Follow me on TradingView if you respect our charts! 📈

Current Market Structure:
  • Bearish trend with clear lower highs and lower lows continuing.
  • Support Level: Price currently sitting at $0.3135, awaiting a potential reaction.
  • RSI: 35.43, approaching oversold conditions – possible bounce incoming.

Smart Money Activity:
  • Market Makers accumulating at discount levels around $0.3135.
  • Previous liquidity grab at $0.44, taking out weak hands.
  • Fair Value Gap (FVG) at $0.38 – potential target for price retracement.

Key Levels:
  • Entry Zone: $0.3135 (current level).
  • Targets:
  • T1: $0.36 (premium zone).
  • T2: $0.38 (FVG fill).
  • Stop Loss: $0.295 (below weekly low).

Risk Score:
  • 7/10 (Moderate risk – favorable R:R setup).

Market Maker Intent:
  • Accumulation phase forming, expecting a potential push higher.
  • Wait for confirmation of a bounce off support before entering.
  • Volume profile suggests smart money positioning for a move back up.

Recommendation:
  • Long positions are favorable within the $0.3135 range.
  • Maintain tight stops below $0.295 to manage risk.
  • Monitor price action for confirmation before entry.

Confidence Level:
  • 7.5/10 for a potential reversal.

🚀 Follow me on TradingView if you respect our charts! 📈

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.