#PAIUSDT #MEXC #AI NEXT MOVE
This chart shows the price movement of ParallelAI/USDT on the 4-hour timeframe from the MEXC exchange, dated November 6, 2024.
Green Zone (Buy Zone): The highlighted green area represents a support zone, indicating a buy zone between approximately 0.2758 and 0.3014. This zone shows where the price has consistently found support, making it a potential area for buying opportunities if the price bounces upwards from this level.
Red Lines (Sell Points): There are two red-dashed resistance levels, acting as potential sell points:
The first level is around 0.3807, indicating a previous resistance where the price could face selling pressure.
The second level is near 0.4334, marking a stronger resistance where traders might consider selling if the price reaches this level.
The current price is near 0.3014, within the buy zone, suggesting a possible entry point for buyers, with potential selling opportunities at the highlighted resistance levels.
Green Zone (Buy Zone): The highlighted green area represents a support zone, indicating a buy zone between approximately 0.2758 and 0.3014. This zone shows where the price has consistently found support, making it a potential area for buying opportunities if the price bounces upwards from this level.
Red Lines (Sell Points): There are two red-dashed resistance levels, acting as potential sell points:
The first level is around 0.3807, indicating a previous resistance where the price could face selling pressure.
The second level is near 0.4334, marking a stronger resistance where traders might consider selling if the price reaches this level.
The current price is near 0.3014, within the buy zone, suggesting a possible entry point for buyers, with potential selling opportunities at the highlighted resistance levels.
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