$AIO Only look at the price and still struggling at the bottom, yet you didn’t notice the MACD golden cross turning back bullish—the bulls’ counterattack signals have already appeared
$AIO - Buy
Trading Plan:
Entry: 0.0408 - 0.0415
Stop Loss (SL): 0.0401
Target 1 (TP1): 0.0440
Target 2 (TP2): 0.0465
Target 3 (TP3): 0.0490
Why go long?
The daily chart bottom structure has already formed. At the moment, the price has just stabilized above the mid band. Together with the MACD indicator’s low-level golden cross, this suggests the momentum behind the short-side selloff is gradually exhausting. As long as the lower defense zone is not effectively broken, the market will most likely keep testing upward toward the upper band based on support. The risk-reward ratio for joining in on the trend is still quite attractive.
Click here to trade👇
$AIO - Buy
Trading Plan:
Entry: 0.0408 - 0.0415
Stop Loss (SL): 0.0401
Target 1 (TP1): 0.0440
Target 2 (TP2): 0.0465
Target 3 (TP3): 0.0490
Why go long?
The daily chart bottom structure has already formed. At the moment, the price has just stabilized above the mid band. Together with the MACD indicator’s low-level golden cross, this suggests the momentum behind the short-side selloff is gradually exhausting. As long as the lower defense zone is not effectively broken, the market will most likely keep testing upward toward the upper band based on support. The risk-reward ratio for joining in on the trend is still quite attractive.
Click here to trade👇
