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Technical analysis by CryptoAnalystSignal about Symbol XAI: Buy recommendation (6/16/2025)

https://sahmeto.com/message/3601286
CryptoAnalystSignal
CryptoAnalystSignal
Rank: 30737
0.7
Buy،Technical،CryptoAnalystSignal

#XAIThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest.We are experiencing a rebound from the lower boundary of the descending channel. This support is at 0.0570.We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.We are heading toward stability above the 100 moving average.Entry price: 0.0686First target: 0.0620Second target: 0.0650Third target: 0.0686

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$0.060521
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