AIXBT Breaks Key Resistance at $0.16, Targets $0.25 Amid Bullish Momentum
AIXBT has demonstrated a strong recovery, surging over 50% from its June low of $0.11 to reach $0.17. The breakthrough above the crucial $0.16 resistance level—which previously served as a support zone from May to mid-June—indicates renewed bullish momentum. Technical indicators further support upward potential, with the RSI rising to 63. The token is now eyeing $0.20, followed by $0.22, with the major $0.25 resistance level—where May's rally peaked—as the next key target.
Fundamental catalysts are amplifying the technical breakout. Binance.US's listing in early May opened access for North American retail investors, while Coinone's addition of a KRW trading pair on June 20 enhanced liquidity in Asian markets. Emerging institutional interest could serve as the next growth driver, though specifics remain undisclosed. Market structure suggests this rally may continue testing higher levels before facing significant selling pressure.