📊 $AIA Analysis: Finding Support After Correction
AIA is currently trading at $0.2081, down -5.12%. The price is testing the EMA(99) support at $0.201, which is a critical level for a potential bounce.
📉 Technical View:
Trend: Trading below EMA(7) ($0.216) and EMA(25) ($0.219), acting as immediate resistance.
Momentum: RSI(6) is at 35.74, showing it is approaching oversold territory but has not yet bottomed.
📈 Long Setup (Support Bounce):
Entry Range: $0.198 – $0.205 (Near EMA 99 support).
Targets: $0.220, $0.245, $0.280.
Stop Loss: $0.185.
📉 Short Setup (Breakdown):
Entry: Breakdown below $0.200 with high volume.
Targets: $0.180, $0.165.
Stop Loss: Above $0.217.
Alpha Insight: With market sentiment at 34-35 (Fear), look for high-volume reversals at key EMA levels. Always use a Stop Loss! 🛡️
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