Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
AIOZ Network (AIOZ) Retesting Bullish Breakout – Is a Bounce Back On Horizon?

AIOZ Network (AIOZ) Retesting Bullish Breakout – Is a Bounce Back On Horizon?

CoinsProbeCoinsProbe2025/05/19 01:55
By:Nilesh Hembade

Date: Sun, May 18, 2025 | 03:30 PM GMT

The cryptocurrency market has mounted a solid comeback in recent weeks, with Ethereum (ETH) continuing to lead the charge. ETH has surged more than 57% in the past month and is now trading above $2,500 — a level not seen since late February. This bullish momentum is uplifting sentiment across altcoins, including AIOZ Network (AIOZ).

AIOZ has posted impressive monthly gains of over 69%, and now a key breakout is being retested — suggesting that another bounce back might be on the horizon.

AIOZ Network (AIOZ) Retesting Bullish Breakout – Is a Bounce Back On Horizon? image 0 Source: Coinmarketcap

Retesting the Cup and Handle Breakout

On the daily chart, AIOZ has formed a textbook Cup and Handle pattern — a classic bullish setup that typically signals the start of a strong uptrend.

After rounding out a broad “cup” base, AIOZ dipped briefly to create the “handle,” finding support around the 100-day moving average ($0.3445). This structure led to a breakout above the neckline resistance at $0.46, confirming the pattern.

AIOZ Network (AIOZ) Retesting Bullish Breakout – Is a Bounce Back On Horizon? image 1 AIOZ Network (AIOZ) Daily Chart/Coinsprobe (Source: Tradingview)

The breakout pushed AIOZ to a recent local high of $0.55, before a healthy pullback of around 23% brought the price back into the key breakout zone of $0.42 – $0.46. This level is now being retested — and holding it as support is crucial for bulls.

What’s Next for AIOZ?

During this retest, AIOZ has shown early signs of strength — rebounding from $0.42 to $0.46. If bulls manage to defend this support zone and volume begins to rise, AIOZ could reignite its upward momentum.

A breakout above $0.55 would mark a major bullish confirmation, likely setting the stage for the next leg up. Based on the height of the Cup and Handle pattern, the next technical target sits at $0.7542 — offering a potential +64% upside from current levels.

However, any sustained rally will likely depend on the broader market environment. If Ethereum continues climbing and altcoin sentiment improves, AIOZ could ride the wave higher.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Forbes 2026 Crypto Trend Forecast: Where Will the Market Go After Volatility Decreases?

The stablecoin boom, the financialization of bitcoin, and cross-border capital flows are rapidly accelerating the restructuring of the industry.

BlockBeats2025/11/27 12:31
Forbes 2026 Crypto Trend Forecast: Where Will the Market Go After Volatility Decreases?

Stablecoin yields collapse, marking the end of the high-yield DeFi era

The cryptocurrency sector must adapt to life "after the party."

ForesightNews 速递2025/11/27 12:13
Stablecoin yields collapse, marking the end of the high-yield DeFi era

Texas establishes Bitcoin reserves—why choose BlackRock BTC ETF as the first choice?

Texas has officially taken the first step and is poised to become the first state in the United States to list bitcoin as a strategic reserve asset.

ForesightNews 速递2025/11/27 12:13
Texas establishes Bitcoin reserves—why choose BlackRock BTC ETF as the first choice?

Lowest Rating! Why Doesn’t S&P Recognize USDT?

S&P warns that Tether's bitcoin exposure has breached safety limits. Tether CEO responds defiantly: "We take pride in your disdain."

ForesightNews 速递2025/11/27 12:12
Lowest Rating! Why Doesn’t S&P Recognize USDT?