Are The Bulls Of AIOZ Targeting For The $1.5 Threshold?

AIOZ network has a market cap of $841 Million and is ranked 89th in the CMC. AIOZ token has a total supply of 1,093,515,330 AIOZ in which 100% is circulating in the market. The volume of the token has seen a decline of 37% in the intraday session while the asset price is trading near the value of $0.7698.
The token price is currently forming consolidated candles on the daily chart. It is trading above the 50 and 200 EMA. The upside momentum of the asset price can see a halt near $1. Meanwhile the support for AIOZ token price can be seen near $0.5.
RSI and MACD for the AIOZ token is at the neutral zone. The overall sentiment of both the technical indicators are consolidating.