๐ XAI Entry: Turning Resistance into Support! ๐๐น
๐ Analysis:
Focus on AI Narrative: Emphasizing the AI narrative with the upcoming Nvidia GTC AI conference.
XAI Entry: XAI appears favorable for entry, turning previous resistance into support.
Liquidation Wick Support: Look for the liquidation wick to hold as support.
Entry Range: Consider entry between $1.1 to $1.4.
Stop Loss: Set a stop loss between $1.0 to $1.1 after the break.
Conservative Entry: Alternatively, consider entering on the break and retest of the trend.
Take Profit Levels: Aim for profits around $1.9 or $2.45.
๐ Note: The AI focus and support-to-resistance transition make XAI an interesting prospect.
Focus on AI Narrative: Emphasizing the AI narrative with the upcoming Nvidia GTC AI conference.
XAI Entry: XAI appears favorable for entry, turning previous resistance into support.
Liquidation Wick Support: Look for the liquidation wick to hold as support.
Entry Range: Consider entry between $1.1 to $1.4.
Stop Loss: Set a stop loss between $1.0 to $1.1 after the break.
Conservative Entry: Alternatively, consider entering on the break and retest of the trend.
Take Profit Levels: Aim for profits around $1.9 or $2.45.
๐ Note: The AI focus and support-to-resistance transition make XAI an interesting prospect.