๐จ๐ฅ Double Top Alert on AIXBT/USDT! ๐ฅ๐จ
๐ Bearish Reversal Pattern Incoming?
Hello, traders! ๐ฆ A Double Top Pattern is unfolding on the 4H chart of AIXBT/USDT, signaling a potential trend reversal. The bulls are struggling to break the $0.67 resistance as the bears take control. Could this be your next opportunity? Letโs dive in!
๐ Key Levels to Watch:
๐ Resistance: $0.67 ๐ซ
๐ Support: $0.48 ๐ก๏ธ
๐ EMA Signals: EMA(7) is crossing down, showing bearish momentum ๐
๐ RSI (6): Neutral at 50, but a dip below 40 could confirm selling pressure ๐
๐ MACD: Bearish crossover forming โ ๏ธ
๐ฅ Actionable Insight:
If the price breaks below $0.48, expect further downside potential! However, watch for false breakoutsโwait for confirmation before entering. ๐
๐ก Pro Tip: Combine this pattern with other indicators like volume for stronger confirmation!
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๐ฌ What do you think about this setup? Let us know in the comments! ๐
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