AI16Z Analysis (1D)Given the bullish CH, the breakout of the trendline, and the formation of a support zone, it appears that this token is aiming to move toward the targets marked on the chart.
Additionally, a double bottom pattern is visible at the lows, and higher lows have been recorded for this asset.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
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Ai16zanalysis
AI16ZUSDT – Setting Up Like PEPE - 3x Potential!Given recent market behavior and the strength behind some reversals, I’m expecting COINEX:AI16ZUSDT to follow a similar path.
Picked up a small bag here—will look to add either above the orange line or on a retest of the Monthly Open.
Structurally, this setup reminds me a lot of $PEPE.
#AI16ZUSDT is setting up for a breakout📉 Long BYBIT:AI16ZUSDT.P from $0,2037
🛡 Stop loss $0,1985
1h Timeframe
⚡ Plan:
➡️ Waiting for consolidation near resistance and increased buying activity before the breakout.
➡️ Expecting an impulsive upward move as buy orders accumulate.
🎯 TP Targets:
💎 TP 1: $0,2072
💎 TP 2: $0,2100
💎 TP 3: $0,2125
🚀 BYBIT:AI16ZUSDT.P is setting up for a breakout — preparing for an upward move!