Technical analysis by CryptoAnalystSignal about Symbol XAI: Buy recommendation (5/23/2025)

#XAIThe price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.We have a trend to stabilize above the 100 moving average once again.We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.We have a support area at the lower limit of the channel at 0.0812, acting as strong support from which the price can rebound.Entry price: 0.0850First target: 0.0890Second target: 0.0931Third target: 0.0978