AIXBT price is showing renewed signs of bullish momentum after a 25% rebound from its recent low, with technicals putting a potential move toward the $0.50+ region back on the table.
Aixbt (AIXBT) price has rallied about 25% from yesterday’s intraday low of $0.1630—the lowest point of the latest pullback—to an intraday high of $0.2070 today. The trading volume is surging over 120% to reach $97 million in the past 24 hours.
The price is once again trading above the EMA 20, with the bullish crossover between the EMA 20 and SMA 50 holding for over a month.
Momentum indicators are starting to confirm the underlying strength behind the latest move, with the RSI climbing to 57, maintaining its trajectory above the midline and staying well clear of overbought territory. The RSI has also formed a series of higher lows since late April, reflecting gradually increasing bullish momentum even during the period of sideways consolidation.
The MACD shows that bearish momentum has faded, as evident by the diminishing red bars on the histogram. However, a bullish shift has yet to materialize as the MACD line is still below the signal line.
Looking ahead, the next key resistance level is around $0.23 – $0.24. This level marks the previous higher high from mid-May and coincide with multiple rejection points seen in late February and early March. A clean breakout above this zone would open the door for further upside.
Beyond $0.24, the next potential targets lie at $0.32, $0.39, and $0.54—all significant levels where AIXBT price attempted to recover during the steep downtrend from its ATH high but was rejected.
The most significant local support zone lies around the $0.15 level, which has held firm since early May as the price consolidated following the late-April breakout rally. However, if this support breaks, there is a risk of further downside toward the $0.10 level.
