RRK—(@RRK8)'s insights

​AIA/USDT is currently showing extreme bearish momentum on the higher timeframes. Looking at the weekly chart, the token has been in a consistent freefall after failing to hold major support levels.
​AIA has plummeted from its highs near $20.61 all the way down to the current $0.082 zone.
The token is down over 76% in the last 90 days, showing that sellers are firmly in control.
​Any relief rally towards $0.15 is likely to face heavy selling pressure.
​
 Currently struggling to find a floor. If it breaks the recent low of $0.077, we could see another leg down.
​The trend is clearly your friend here, and the trend is DOWN.
​Look for rejection candles on the 4H or Daily timeframe near the $0.10 resistance.
​Caution: RSI is getting oversold, so a small "dead cat bounce" is possible, but the overall structure remains bearish until a major trend reversal is confirmed.$AIA 
AIAUSDT
Perp
0.096
-19.26%

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}​AIA/USDT is currently showing extreme bearish momentum on the higher timeframes. Looking at the weekly chart, the token has been in a consistent freefall after failing to hold major support levels.

AIA/USDT is currently showing extreme bearish momentum on the higher timeframes. Looking at the weekly chart, the token has been in a consistent freefall after failing to hold major support levels.