AIXBT has officially broken its descending triangle structure, confirming that the bears are now in full dominance. This signal presents an opportunity to establish a Short position with an optimal RR ratio, as the former support has now transitioned into a strong resistance level. Investors should pay close attention to the candle close confirmation and maintain a tight stop-loss just above the breakdown zone for effective risk management while the downward momentum continues to intensify during this volatile cycle.
this is not investment advice, DYOR
this is not investment advice, DYOR
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.