$AI has been consistently respecting the major resistance zone between $0.85 and $0.86, with price movements trapped within a channel pattern.
đ Currently, the overall trend appears bearish, indicating that traders should be cautious of a potential breakout or, alternatively, a fakeout
đ„ For those monitoring the price action, a break below the channel could signal further downside, while a breakout above the resistance could lead to a reversal.
đ„ Traders should be ready to adapt quickly to market changes, utilizing stop-losses and identifying key support levels for more profitable trade decisions. Always stay alert to the possibility of market shifts in either direction.
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