- The current AimBot price trades in the extreme demand zone of $4.7510.
- The 50-day EMA has become a downtrend resistance for the AIMBOT Price.
AIMBOT is an autonomous sniper that will buy tokens based on different parameters. It scrapes the blockchain in real-time and picks the best tokens for investment. The trading profits will be systematically shared among AIMBOT token holders. Additionally, the AimBot fully diluted market capitalization is $4.29 Million.
AimBot Token Price is Sustaining on the Extreme Order Flow
In August 2023, the AIMBOT token price made some strong bullish impulsive candles to the $20.4557 resistance level. During this rally, the price delivered more than 500% in 8 consecutive days, resulting in a total change in bullish sentiments.
Subsequently, the price took a strong pullback at the $6.9877 support level and recovered 163% of its value. This rally attracted many buyers but failed to break above the $20.45 resistance level due to the higher greed.
As a result, the AIMBOT token price fell to the $6.9877 support level, with a decline of 61%, reflecting negativity in the price trend. The 50-day EMA also strongly resisted the price after that opposing rally.
However, the AIMBOT token price has reached the extreme demand zone, and as a consequence, a strong reversal can be seen shortly. The 24-hour trading volume of AimBot has declined by 33.12%, and the value is at $67,507.83.
Technical Analysis of the AIMBOT/USDT
The crypto traders are seeing a short-term fall in the current market price due to the 50-day EMA above. The price faced multiple resistance from the 50-day EMA, making it a downtrend.
A significant price change may occur when it moves above the $10.8591 resistance level. Before that, the price may move slowly. Currently, it is sustaining in the extreme demand zone of $4.7510, which holds a high probability of a reversal.
At press time, the AIMBOT price is trading at $4.4405 with a short-term high of $6.9877. If the price breaks above that level, it may be a strong indication of a potential reversal and can achieve the $10.8591 resistance level.
The relative strength index (RSI) is sloping from the oversold region and creating an internal bullish divergence. It can be the first indication of reversal from that level. The RSI is above the signal line at 40.65.
Conclusion
The AIMBOT token price is trading in the demand zone and may soon show a potential reversal from that level. The price is currently struggling below the $4.7510 level. As far as technicals are concerned, if the AIMBOT token price breaks above $6.9877, it may soon reach the $10.8591 Resistance level.
Technical Levels
- Resistance Levels: $6.9877 and $10.8591
- Support Levels: $3.1974
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or any other advice. Investing in or trading crypto assets comes with the risk of financial loss.