I believe there’s a highly undervalued coin that’s well-known, yet overlooked
#AI16Z# Now that the hype has cooled off, I’ve noticed the price forming a bottom and holding strong. Typically, after a break of structure, we often see the formation of a higher low around the 0.786 retracement, or even a sweep of liquidity below the previous low.
Here’s the chart:
Short-term target: $25
Mid-term target: $0.55 – $0.62
Long-term potential: a sweep of liquidity above the previous ATH
For now, I’m watching two key factors:
1. The 0.786 level holding as support
2. The secondary trendline that could tr