AI rally losing momentum confirmed! 0.0172 acts as short-term resistance, the bearish trend is taking over

Current Price: 0.01716

First, the conclusion: The short-term AI trend has entered a predominantly bearish continuation structure, belonging to the “pullback after failed rebound” stage. The current movement does not support a strong reversal; intra-day, it is more inclined toward oscillating downward.

1. 4-Hour Level: Rebound has ended, structure weakening

Failed to stabilize around 0.018 on the upside Highs gradually decline, forming a resistance structure MACD at a high level has turned and entered a decline phase Bollinger Bands are closing and then opening downward

Core judgment: The 4-hour chart has entered a sideways bearish phase

2. 1-Hour Level: Bearish momentum gradually forming

Shows a “rise → pullback → weak rebound” structure Multiple rebounds are resisted in the 0.0174-0.0176 range Moving averages are turning downward, with price trading below the moving averages MACD bearish momentum is gradually strengthening

Short-term rhythm: Weak rebound + stair-step decline

3. Intraday trend projection

If unable to regain stability above 0.0174:

More inclined toward sideways downward movement First test support around 0.0170 If broken, may extend to 0.0168 or even lower

4. Direct trading strategy (provided as required)

Direction: Short (market order entry)

Entry price: around 0.01716

Take profit:

First take profit: 0.01699 (about -1%) Second take profit: 0.01682 (about -2%)

Stop loss:

Stop loss level: 0.01742 (about +1.5%)