$AEON Market structure remains bearish despite the recent recovery. Price rejected from the early spike near $0.215851 and has formed lower highs before stabilizing around $0.0967. The current range suggests accumulation, but confirmation is still needed before expecting a larger move.
EP: $0.0940–$0.0985
TP1: $0.1080
TP2: $0.1200
TP3: $0.1380
SL: $0.0860
Trend strength: The higher-timeframe structure is still below the major resistance zone, so this is a counter-trend recovery trade.
Momentum and structure bias: Short-term momentum is improving with price holding above local support, but buyers must reclaim $0.1080 to confirm bullish continuation.
Why targets are likely: Strong liquidity sits above the current consolidation. If support around $0.0940 holds, price has room to sweep overhead liquidity toward the listed targets before facing major resistance.
$AEON
#CXMTStarMarketIPORaises57.9BYuan #AIFearsSink10SP500StocksOver40% #BrentCrudeFallsAbout6% CrudeBrieflyFallsBelow$90#OilDropsAbout6%
EP: $0.0940–$0.0985
TP1: $0.1080
TP2: $0.1200
TP3: $0.1380
SL: $0.0860
Trend strength: The higher-timeframe structure is still below the major resistance zone, so this is a counter-trend recovery trade.
Momentum and structure bias: Short-term momentum is improving with price holding above local support, but buyers must reclaim $0.1080 to confirm bullish continuation.
Why targets are likely: Strong liquidity sits above the current consolidation. If support around $0.0940 holds, price has room to sweep overhead liquidity toward the listed targets before facing major resistance.
$AEON
#CXMTStarMarketIPORaises57.9BYuan #AIFearsSink10SP500StocksOver40% #BrentCrudeFallsAbout6% CrudeBrieflyFallsBelow$90#OilDropsAbout6%
Bullish ❤️
Bearish 💚
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