$AIA is currently consolidating after a sharp recovery from the $0.078 lows. Here is the technical breakdown and trade setup:
Technical Analysis
Support Base: Strong price rejection at $0.078, now establishing a higher low around $0.096.
Resistance: The primary target is the MA(99) (purple line) currently sitting near $0.138.
The Strategy
Entry Zone: $0.100 - $0.103 (Current levels are attractive for spot or low-leverage longs).
Target 1: $0.117 (Previous local peak).
Target 2: $0.138 (Major resistance at the 99-period MA).
Stop Loss: Below $0.095 (Invalidates the current consolidation pattern).
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AIA
Alpha
0.10894
+4.93%