FxWirePro- AIOZUSD Daily Outlook

AIOZ Network is a comprehensive infrastructure solution for web3 storage, decentralized AI computation, live streaming, and video on demand (VOD). It is a combination of cosmos and compatibility of Ethereum Virtual Machine (EVM).

Any daily close above $1.10 confirms further bullishness.

AIOZUSD has gained more than 90% in the past three weeks. The pair holds above the short-term (21 and 55 EMA) and long-term moving average in the 4-hour chart. It hit a high of $0.6896 and is currently trading around $0.6274.

The bullish invalidation can happen if the pair closes below $0.30. On the lower side, the near-term support is $0.50. Any close below targets of $0.30/$0.20.

 The pair's near-term resistance is around $0.70. Any breach above confirms minor bullishness. A jump to $0.80/$0.95/$1/$1.10 is possible. A surge past $1.10 will take it to $1.50/$2.

It is good to buy on dips around $0.50 with SL around $0.35 for TP of $1.10/$1.50.