AI16Z Price Might Surge to $2.6, Expert Insights Inside
AI16Z price might skyrocket to $2.6—expert insights and market trends show growing optimism
Highlights:
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AI16Z shows potential for 325% gains, possibly reaching $2.60 from key support at $0.80.
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Top traders on Binance and OKX show strong bullish sentiment with high long-to-short ratios.
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Bullish momentum grows with rising funding rates and Open Interest, indicating confidence among traders.

AI16Z has struggled in the past week, dropping 19.05% in seven days. In the last 24 hours, the price fell by another 4.59%. Despite this, some top traders on Binance and OKX are showing optimism. They believe AI16Z might rebound and surge to $2.60, offering a potential 325% return.
Will AI16Z Drop Further?
AI16Z has been trading in an ascending channel for a month. The chart shows higher highs and higher lows. Recently, the price pulled back from the resistance level. A lower low formed as the asset began its decline.
Analysts predict the drop will likely stop at $0.80, a key support zone. This level aligns with the 0.618 Fibonacci retracement. If the price rebounds from here, a rally to $2.60 could follow.
Strong Bullish Sentiment from Traders
Despite the current bearish outlook, top traders on Binance and OKX remain confident. They’re opening long positions on AI16Z, which suggests a bullish trend. Binance’s long-to-short ratio stands at 3.35, while OKX’s is 4.15.
These high numbers show strong buying interest. Additionally, the supply of AI16Z on exchanges has been decreasing, signaling that long-term holders are accumulating. The derivatives market is also showing bullish signs.
The funding rate has risen to 0.044%, the highest since January 13. This indicates that long traders are willing to pay a premium. Open Interest surged by 5.43%, reaching $206.52 million. These metrics point to growing confidence in AI16Z.
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