AIXBT/USDT 1H: Bulls Poised for a Move Toward $0.80 !

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AIXBT/USDT 1H Chart Analysis (SMC Methodology)
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Current Price: $0.71-$0.72

Market Structure:
  • Consolidating in a tight range.
  • RSI: Neutral momentum at 50.73, indicating balance with potential for upward breakout.
  • Discount Zone: Established at $0.60-$0.62.

Smart Money Analysis:
  • Multiple Order Blocks (OB): Visible around $0.74-$0.76.
  • Fair Value Gap (FVG): Present at $0.78-$0.80, acting as a target zone.
  • No clear divergences currently, but accumulation is evident.


Trade Setup (Confidence Level: 7.5/10):
  • Entry Zone: $0.70-$0.71 (current range low).
  • Targets:
  • T1: $0.76 (Order Block).
  • T2: $0.80 (FVG fill).
  • Stop Loss: Below $0.68 (recent swing low).
  • Risk/Reward Ratio: Favorable at 1:3.

Market Maker Intent:

  • Accumulation pattern with higher lows indicates preparation for upward movement.
  • Liquidity likely targeted above $0.80, aligning with FVG zone.
  • Transition from distribution to accumulation phase observed.


Recommendation:
  • Long position recommended within $0.70-$0.71, but wait for confirmation of bounce from support.
  • Monitor volume for breakout strength toward $0.76 and $0.80.
  • Maintain tight risk management due to consolidation phase.
  • Confidence Level: 7.5/10 for bullish breakout.


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