$AIO 1Hr Chart Analysis

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AIO 1Hr Chart Analysis

Chart is showing a well-defined Falling Wedge — a bullish reversal pattern that forms as price makes lower highs and lower lows, but within converging trendlines. This typically signals selling pressure is weakening and a potential breakout is brewing.

🔸The wedge formed after a sharp upward impulse from ~0.052 to 0.084, indicating the move is likely a corrective phase rather than a full reversal.

Support Zone: 0.058–0.060 is acting as the lower wedge boundary and key short-term demand zone. Multiple touches here without breakdown suggest buyers are quietly absorbing supply.

Resistance Zone: 0.064–0.065 is the upper wedge line. A decisive breakout with volume above this could trigger momentum buying.


Probable Scenarios

1. Bullish Breakout: A close above 0.065 with rising volume would confirm the wedge breakout. Historically, this pattern often leads to a retest of the prior swing high (~0.084).

Momentum indicators would likely flip bullish post-breakout.


2. False Break & Retest: Price could attempt a breakout but reject, retesting the 0.060 base before making another attempt. This is common in wedge setups.


3. Bearish Breakdown: If 0.058 fails with strong sell volume, price could revisit the 0.052–0.050 zone (previous accumulation range).


The falling wedge is nearing its apex — meaning a decisive move is close. Given the preceding uptrend, probability leans bullish, but confirmation will only come with a high-volume break above resistance. Until then, patience and level-by-level monitoring are crucial.

snapshot

AIOUSDT

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