$AIN is displaying a heavy bearish breakdown
after slipping below key consolidation zones, currently hovering right above its local low of 0.12100. The massive sell-off printed a steep downward expansion, and the current minor bounce looks like weak, low-volume consolidation rather than a reversal. As long as price remains pinned beneath the EMA(9) around 0.1477, the path of least resistance is further downside. Watch the 0.1210 support closely; a clean break opens up a fresh leg down.
Entry Zone: 0.1332 - 0.1360
TP1: 0.1250
TP2: 0.1210
TP3: 0.1120
SL: 0.1435
#AIN #BinanceReopensWithdrawalsForMoreAssets #AnthropicIPOValuationDoubts #StrategySTRCResumesIssuanceAfterOver170Days #Nasdaq100Tumbles6%
after slipping below key consolidation zones, currently hovering right above its local low of 0.12100. The massive sell-off printed a steep downward expansion, and the current minor bounce looks like weak, low-volume consolidation rather than a reversal. As long as price remains pinned beneath the EMA(9) around 0.1477, the path of least resistance is further downside. Watch the 0.1210 support closely; a clean break opens up a fresh leg down.
Entry Zone: 0.1332 - 0.1360
TP1: 0.1250
TP2: 0.1210
TP3: 0.1120
SL: 0.1435
#AIN #BinanceReopensWithdrawalsForMoreAssets #AnthropicIPOValuationDoubts #StrategySTRCResumesIssuanceAfterOver170Days #Nasdaq100Tumbles6%
