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

AIXBT/USDT 1H Chart Analysis
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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.
  

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