Is AIXBT About to Hit $0.23 or Will It Plunge Back to $0.128? The Drama Unfolds!

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  • The token’s market structure was as strong as a bull on steroids, even though it had a 7% hiccup in the last 12 hours.
  • The $0.15-$0.16 support zone, if held, could catapult us to a thrilling $0.23. If not, well, it’s back to the drawing board!

Ah, AIXBT [AIXBT]—the token that made waves after soaring 128% in just a month and a further 10.5% in the last 24 hours. Its trading volume shot up by a whopping 51% in the last 24 hours. Guess the bulls are feeling extra bullish today.

The Open Interest (OI) went from a humble $27 million to a dazzling $35 million on May 5th, only to drop back to $30 million at the time of writing. What happened there? A 7% dip in the price alongside that OI drop might raise a few eyebrows…

Meanwhile, the spot CVD looked like a lazy Sunday morning—uninspiring at best. Not exactly the kind of strength the bulls were hoping for, eh?

Is AIXBT About to Make a Sneaky Trip Back to $0.128?

Now, the 1-day price chart looked all sunny and bullish—no doubt about it. Trading volume was on fire these past three weeks as the token danced its way up. The demand? Clearly there. You could almost feel the excitement.

The OBV surged upwards like it was on an espresso binge—definitely confirming that demand had a say in the recent spike.

The RSI was hanging at 63, signaling momentum was alive and well. No signs of a major retracement, though let’s be real—Bitcoin‘s mood swings could be the ultimate party pooper for these bulls.

As of now, the local support at $0.16 is holding strong, and AIXBT presented swing traders with a tempting buy opportunity. Just keep a stop-loss below $0.15 and aim for a $0.227 take-profit. Who doesn’t love a little risk, right?

The token’s popularity? Well, let’s just say it’s been a rollercoaster. The Weighted Sentiment went through the roof twice in the last 10 days, reaching levels not seen since January. Ah, nostalgia. But while the social volume grew over the past three weeks, it didn’t come close to challenging those nostalgic December and November highs. Not yet, at least.

Back in the day, AI agent tokens were the talk of the town. Now? They’re just an afterthought—unless, of course, they get their act together.

The Taker Buy/Sell volume? Perfectly balanced, like a Jedi. The Long/Short Ratio stood at 0.9988 at press time, with 49.97% of the taker volume being long. Could this mean that the bulls are still in control? Perhaps, but a price dip might still be lurking in the shadows.

All in all, the short-term might hold a few twists and turns, but the rally could just keep on going—assuming Bitcoin decides to play nice and not throw a tantrum.

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2025-05-06 11:10