AIR is sitting in a completely different type of setup. The price shown is around 0.001032 after a decline of more than 3 percent, and this is exactly where traders need to watch whether sellers are exhausting themselves.
The market is not fully risk on yet. Bitcoin dominance remains elevated, so smaller tokens can experience violent moves in both directions. That makes the support area on AIR extremely important.
The first zone I am watching is around 0.00100 to 0.00104. If buyers defend that region and AIR reclaims 0.00106, the short term structure can begin turning upward.
The important confirmation is volume. I do not want to see a random price spike. I want to see real participation returning to the token.
EP: 0.00100 to 0.00104
TP: 0.00110
TP: 0.00120
TP: 0.00130
SL: 0.00094
AIR is currently a higher risk setup, but that is also where a reversal can become violent when liquidity suddenly returns.
I am ready for the move.
#HYPE faces short-term downside risk
