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$XAI Bullish Breakout: 18%+ Surge & Trade Setup!
XAI is showing explosive momentum on the daily chart, surging over 18% and currently testing critical resistance! 📈 The technicals are aligning for a major move as we head into the weekend.
🔍 Technical Breakdown:
Bollinger Bands: Price has pierced the upper band (0.01896), signaling extreme bullish strength. While this often suggests a slight pullback, the massive volume supports a continuation.
RSI (6) & (14): Sitting at 72.7 and 64.3 respectively. We are entering overbought territory, but the trend remains firmly upward with room to run.
MACD: A fresh bullish crossover is visible on the daily, with the histogram turning green—momentum is just starting to build!
L/S Ratio: Longs are dominating at 66.81%, showing high retail confidence in this rally.
🎯 Trade Forecast: LONG Opportunity
Based on the current "squeeze" and breakout above the 20-day MA (0.01703):
Entry Zone: $0.01920 - $0.01966
Take Profit 1: $0.02150 (Immediate Resistance)
Take Profit 2: $0.02380 (Next Major Level)
Stop Loss: $0.01780 (Below the Upper Bollinger Band support)
Don't miss the wave—XAI is heating up! 🌊
Follow & turn 🔔 on for daily alpha! ✅
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