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AI appears to be forming a bull flag pattern in the 4-hour timeframe. A breakout from this pattern could signal a significant price increase. Once it breaks out from the flag, we can expect a good 40-50% upside move. Accumulate in the green zone.
Possible Entry & Targets:
Entry: Current Market Price (CMP) and potentially add more up to $0.97
Potential Targets: $1.07, $1.18, $1.34, $1.52
Stop-loss: $0.92 (Consider setting a stop-loss based on your risk tolerance strategy).
Leverage: Use leverage with caution. Consider low leverage (Max 5x) as suggested.
Let's Discuss
What are your thoughts on AI's current price action? Do you see a bull flag pattern? Share your analysis in the comments below!