AI16Z has recently experienced a 9% price rise, fueled by interest in the AI Agents sector. However, this increase coincides with a 27% decrease in trading volume, suggesting the rally may be driven by speculation rather than genuine demand.
The declining trading volume during the price rally indicates that fewer traders are actively participating, pointing to potential speculative trading activity.
The altcoin is trading below its Super Trend indicator, which signals a bearish trend and serves as a warning for traders to consider exiting long positions.
If speculative trading fades, AI16Z risks a significant price drop, potentially falling to $0.68 or $0.41 if market trends persist. However, renewed demand could push the price back to $2.50.
Дереккөз: beincrypto.com ↗