AIXBT Faces Continued Bearish Pressure Amid Market Downturn
AIXBT's downward trajectory persists, with the token shedding 3.86% in the past 24 hours and 10.29% over the week. Trading at $0.03360, its market capitalization now stands at $33.58 million—a 4.01% decline—while daily volume contracted 19.06% to $13.8 million.
The token tests critical support between $0.029-$0.034, where buying interest has temporarily stalled the descent. Analysts note any rebound WOULD initially target $0.10 before confronting the descending channel's upper boundary. Sustained recovery requires both a channel breakout and accompanying volume confirmation.
Should support falter, bears may push prices toward $0.020 and $0.015. The $0.470-$0.900 zone remains the key resistance barrier for any trend reversal attempt.