AIOZUSD (Chart of the day)

AIOZ Decentralized Content Delivery Network (dCDN) powers AI computation, data storage, and seamless media and video streaming for dApps within the AIOZ Network. Store AI Datasets, Run Inferencing Tasks, Train AI models, and Build AI dApps. Monetize and Collaborate to the Future of AI.

AIOZ Network's Blockchain combines the robustness of Cosmos and the compatibility of the Ethereum Virtual Machine (EVM). It leverages the Tendermint core and a delegated Proof of Stake consensus mechanism (dBFT) to achieve high transaction throughput, speed, and scalability with minimal fees.

AIOZ DePIN platform revolutionizes file storage and distribution in Web 3.0 dApps, providing an affordable solution for file storage & media streaming.

AIOZ Web3 Storage (W3S) is a highly versatile Object Storage Infrastructure with S3 compatibility for Web3 dApps.

Any daily close above $1.10 confirms further bullishness.

AIOZUSD is consolidating after forming a minor top $0.6896.The pair holds above the short-term (21 and 55 EMA) and long-term moving average in the 4-hour chart. It hit a low of $0.5395 and is currently trading around $0.6027.

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.

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