đš $AZTEC Market Alert: Is the Rally Losing Steam? đ
AZTEC has been the talk of the town with its massive pump, but the technicals are flashing a Caution Signal. After hitting a local high of $0.03863, we are seeing clear signs of buyer exhaustion on the daily timeframe.
The Breakdown:
â Overbought Territory: The Daily RSI is sitting at 77+, suggesting a healthy correction is overdue.
â Bearish Flip: The 15-minute Supertrend has flipped RED, acting as a ceiling for current price action.
â Support Hunt: While the 1-hour RSI shows a temporary oversold bounce, the overall momentum is shifting toward the bears for a retest of the $0.030 level.
My Move: Iâm looking for short entries on any relief rallies toward $0.0345. Safety firstâkeep your stops tight as volatility is high!
Target Levels: $0.0310 | $0.0295
Invalidation: A 4H candle close above $0.0360.
Whatâs your move? Are you longing the dip or riding the correction? Letâs discuss below! đ
#AZTEC #BinanceFutures #CryptoAnalysis #Layer2 #AltcoinSeason
