Someone just tried to shake out AI holders with a 95M volume dump — and failed miserably.
$AI $0.02110 Long TP $0.02200 SL $0.02050
A massive wick to $0.0272 with 95.9M volume tried to trap longs, but price recovered 5.5% and now sits above both MA7 ($0.02073) and MA25 ($0.02062) with RSI at 54.4 — textbook bull flag with plenty of room to run.
Volume is drying up on recovery while price structure holds firm above key moving averages. That's absorption, not distribution. The setup couldn't be cleaner.
DYOR
$AI $0.02110 Long TP $0.02200 SL $0.02050
A massive wick to $0.0272 with 95.9M volume tried to trap longs, but price recovered 5.5% and now sits above both MA7 ($0.02073) and MA25 ($0.02062) with RSI at 54.4 — textbook bull flag with plenty of room to run.
Volume is drying up on recovery while price structure holds firm above key moving averages. That's absorption, not distribution. The setup couldn't be cleaner.
DYOR