On the 2D timeframe, the price movement of AIXBT/USDT is still within a medium to long-term downtrend. This is clearly visible from the descending trendline that has been suppressing the price since the previous peak.
However, in recent weeks the price has started to show signs of stabilization and a potential reversal after forming a small higher low in the lower area. This indicates that selling pressure may be weakening and the market could be building momentum for a possible breakout from the downtrend structure.
At the moment, the price is testing the trendline resistance area, which is a crucial level that may determine the next direction of the market.
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Pattern Formation
This chart shows a combination of several important technical structures:
1. Descending Trendline
The yellow line represents a long-term descending trendline.
The price has been rejected multiple times from this line, making it a strong dynamic resistance.
2. Accumulation Structure
After a long decline, the price has started to move sideways with lower volatility.
This structure often appears during an accumulation phase before a reversal.
3. Potential Trend Reversal Setup
If the price successfully breaks above the trendline, the market structure could shift from:
Lower High → Lower Low (Bearish)
to
Higher High → Higher Low (Bullish)
This would be an early signal of a trend reversal.
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Key Levels
Several horizontal levels on the chart act as important areas that may become future price targets.
Resistance Levels
0.03150 – Initial resistance after breakout
0.04550 – Mid-level resistance
0.06830 – Strong resistance
0.08730 – Major rally target
Support Levels
0.02650 – Nearest support
0.01900 – 0.02000 – Strong demand zone
0.01306 – Extreme support (historical low on the chart)
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Bullish Scenario
A bullish scenario will occur if the price manages to break and close above the descending trendline.
Required confirmation:
Breakout of the trendline
Retest of the breakout area as support
Increasing trading volume
If the breakout is confirmed, the potential price movement could target:
1. First target: 0.03150
2. Second target: 0.04550
3. Third target: 0.06830
4. Major target: 0.08730
Breakouts from long-term downtrend structures often trigger strong impulse moves because many short positions are forced to exit the market.
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Bearish Scenario
If the price fails to break the trendline and gets rejected again, the downtrend may continue.
Possible bearish scenario:
1. Price gets rejected at the trendline
2. Price drops back toward 0.02650
3. If this support breaks, the price could retest:
0.02000
or even 0.01306
A breakdown below these supports would confirm a new lower low structure, meaning the downtrend still dominates the market.
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Conclusion
AIXBT/USDT is currently positioned at a critical area that could determine the next major trend direction.
The descending trendline that has suppressed the price for months is a key level that must be broken to confirm a trend reversal.
If a breakout occurs, the potential rally toward 0.045 – 0.087 becomes increasingly likely. However, if the breakout fails, the price may continue its bearish movement toward lower support levels.
Therefore, the price reaction around this trendline will be the key factor determining the next market movement.
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