$AIO +23% in 24h. Is it just me or does this look like exhaustion at the top? 👇
Price ran 33% in 8 hours and suddenly everyone's talking about it. I'm not chasing this move.
The break above 0.03818 was tiny (4.0%) and AIO got rejected from 0.03971 straight away. That's not strength, that's buyers running out of steam.
My eyes are on 0.03468, the low of the earlier pullback. A lot $AIO of stops are sitting there and price hasn't tested it yet. Above 0.03971 I'm out of this idea.
📌 My AIO trade: short from 0.03832, stop at 0.04014, target 0.03468 (+9.5%, 1:2)
📊 24h Vol: $15.6M | 24h Chg: +23.4% | Funding: +0.0088%
Would you take this trade or sit it out? 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#AIO #Analysis #Trading
Price ran 33% in 8 hours and suddenly everyone's talking about it. I'm not chasing this move.
The break above 0.03818 was tiny (4.0%) and AIO got rejected from 0.03971 straight away. That's not strength, that's buyers running out of steam.
My eyes are on 0.03468, the low of the earlier pullback. A lot $AIO of stops are sitting there and price hasn't tested it yet. Above 0.03971 I'm out of this idea.
📌 My AIO trade: short from 0.03832, stop at 0.04014, target 0.03468 (+9.5%, 1:2)
📊 24h Vol: $15.6M | 24h Chg: +23.4% | Funding: +0.0088%
Would you take this trade or sit it out? 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#AIO #Analysis #Trading
