Audius (AUDIO) Jumps 50% in a Day as Breakout Triggers Massive Buying Volume

Key Takeaways

• AUDIO broke out from a year-long falling wedge.
• Impulsive wave count suggests a move toward $0.10–$0.11.
• $0.080 is key support to maintain bullish momentum.

Audius (AUDIO) has shown a strong resurgence following a prolonged downtrend, surging over 50% quickly.

This rally marks a potential trend reversal backed by a breakout from a falling wedge and signals the beginning of a new impulsive structure.

The charts suggest a critical juncture, where confirmation above resistance could fuel continuation, while failure to hold current gains risks a deeper correction.

AUDIO Price Analysis

AUDIO has undergone a year-long corrective decline, forming a classic W-X-Y structure.

The final leg (Y) appears to have concluded in early April, bouncing from the 0.618 Fibonacci extension level at $0.0598 on April 7.

The breakout from the falling wedge pattern confirms the end of the bearish phase and suggests a potential macro reversal.

Price has now reclaimed the $0.089–$0.093 zone, corresponding to the 0.5 Fib retracement of the previous decline and aligning with prior resistance.

Volume surged significantly during the breakout, confirming buyer conviction.

The Relative Strength Index (RSI) has spiked into overbought territory, indicating strong momentum but also cautioning against immediate continuation without a short-term correction.

The next major Fib-based targets lie at $0.124 (the previous high) and $0.172 (the 0.236 retracement of the full bear cycle).

As long as AUDIO holds above $0.080, the structure remains bullish on a daily close basis.

AUDIO Price Prediction

On the 1-hour chart, AUDIO is advancing in a clear 5-wave impulsive structure.

Waves (i) through (iii) are complete, with wave (iv) underway.

After the sharp rally, the price is now consolidating below $0.09, likely pulling back toward $0.084–$0.082 before a final push higher in wave (v) toward $0.10–$0.11.

The green box on the chart marks the target zone for wave (v), which aligns with key resistance from previous consolidation ranges and potential take-profit zones.

A clean break and hold above $0.10 would confirm wave (v) and potentially lead to an extended move targeting the daily resistance levels.

RSI has reset slightly from overbought, giving room for another upward leg, but it remains elevated.

A deeper correction could occur if price breaks below $0.080, invalidating the current wave count and suggesting a larger consolidation phase.

In the immediate term, expect some chop as wave (iv) plays out, followed by a rally if bullish momentum sustains. Watch for volume confirmation on the breakout above $0.093.

Key Levels to Watch

• Major Support: $0.082 (wave IV target), $0.080 (pivot), $0.0598 (0.618 Fib).
• Immediate Resistance: $0.093 (0.5 Fib), $0.10 (psychological level), $0.11 (wave v extension).
• Breakout Confirmation: Break and close above $0.093 with volume.
• Invalidation Level: Drop below $0.080 invalidates the 5-wave bullish count.
• Fractal Watch Zone: $0.124–$0.172 if macro breakout sustains above $0.11.