$AIA
Analysis of AIA/USDT
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🔍 Current Technical Analysis
Current Price: 4.8981
Previous High: 20.79
Nearest Support: 3.70
Nearest Resistance: 6.00 then 8.20
📊 Indicators:
Moving Average MA(7) = 3.96
↳ Price is above it, indicating continued short-term positive momentum.
MA(25) = 1.99
↳ Price is very far from it, indicating that the currency is still in a strong upward wave but is at risk of correction.
RSI(14) = 63
↳ Close to the overbought zone, which means a potential profit-taking soon.
Trading Volume has risen sharply in the last candles, which usually precedes a correction or a retest phase.
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💥 Overview
The currency sharply rose from 1.2 to over 20 and then returned to stabilize around 4.9 — this shows that the market underwent a strong distribution from the high, and after the correction, prices stabilized in a consolidation area that could be a new launch pad.
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🎯 Proposed Plan
📈 Entry Plan (for medium-term traders)
First Buy Zone: Between 4.2 – 4.5
(Retest of support after the drop from 5)
Second Buy Zone: If the price drops towards 3.7 – 3.8
Stop Loss: Daily close below 3.50
🎯 Targets:
1. First Target: 6.00
2. Second Target: 8.20
3. Third Target (Strong breakout): 12.70
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⚙️ Proposed Trade Management:
Upon reaching the first target (6.00) ➜ Sell half the amount to secure profit.
If the price returns to 4.5 – 4.7 ➜ Repurchase the sold half.
Repeat the cycle to achieve compounded profit without increasing capital.