$XAI /USDT is currently at $0.0170 (Rs4.77), which has seen a drop of 8.60% in the last 24 hours. This token in the gaming sector is feeling some pressure in the short term. The sentiment is clearly bearish, as the price has shown negative performance across multiple timeframes — down 69% from the last 90 days.
Currently, the immediate support is $0.0167, which is also the 24h low, and heavy bids are visible in the order book at $0.0166-0.0165. On the upside, the resistance area is $0.0170-0.0171, where MA(7) and MA(25) are also positioned, followed by a strong hurdle at $0.0174 (MA 99). The volume is decent but selling is dominating.
If the price holds $0.0167, a technical bounce towards $0.0173-0.0174 is possible, but for a strong recovery, breaking $0.0175 will be essential. Long-term charts are weak, so any entry should be careful, with a strict stop loss. Patience is key right now.
