Xaiusdttrade
XAIUSDT Is a Breakout on the Horizon or a Pullback Imminent?Yello, Paradisers! Could #XAIUSDT be gearing up for a significant breakout, or is it poised for a pullback? Here's what we're seeing:
💎#XAI is displaying bullish potential after rebounding from the demand zone and forming a strong rejection candle. If the daily candle closes similarly, there is a real chance for the price to push toward the $0.228 supply zone. A successful breakout could lead to further upward movement, potentially crossing the resistance trendline and reaching the major resistance area we’re monitoring.
💎If XAI fails to hold above the demand zone and breaks down, a retest of the $0.18 - $0.166 area is likely. This zone has proven resilient in the past, often triggering rebounds and significant upward trends.
💎A daily close below the $0.166 major support would invalidate the bullish outlook, suggesting a potential deeper dip.
Stay disciplined and strategic, traders. Success in this market comes to those who trade with patience and precision.
MyCryptoParadise
iFeel the success🌴
#XAI Trendline Traders ( XAI going to breakout so soon)(((( Announcement for Trendline Traders ))))
*** #XAI going to breakout so soon***
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XAIUSDT Chart Idea - Swing Long SetupXAIUSDT broke the falling wedge on daily TF in May and retested today on Friday 6/21. A little bullish BTC momentum can send this chart to the moon since it's a AI play as well. Taking a swing long for next few weeks from current price on the following confirmations.
Confirmations:
- Successfully retested the falling wedge breakout on daily TF
- Daily RSI is in oversold area
Swing Long Setup:
-- Entry: 0.5021
-- TP: 1.18 (0.618 Fib)
-- SL: 0.44