$AEVO Sellers Are in Control, But Will Support Break? 👀
AEVO is showing clear bearish pressure on the 15-minute chart. Price is trading below MA(7), MA(25), and MA(99), which keeps the short-term structure weak.
Here are the levels I’m watching:
📍 Support: $0.02269
📍 Near resistance: $0.02282–$0.02287
📍 Higher resistance: $0.02304–$0.02310
If AEVO closes below $0.02269 with stronger selling volume, bearish continuation may follow.
But if buyers reclaim $0.02287 with solid volume, a short-term recovery could develop.
My plan: WAIT for confirmation. The price is already near support, so chasing a SHORT here could be risky. A wick alone is not a breakout.
What are you watching on $AEVO — a support breakdown or a bounce?
#AEVO #CryptoMarket #priceaction #AltcoinAnalysis #TradingDiscipline
AEVO is showing clear bearish pressure on the 15-minute chart. Price is trading below MA(7), MA(25), and MA(99), which keeps the short-term structure weak.
Here are the levels I’m watching:
📍 Support: $0.02269
📍 Near resistance: $0.02282–$0.02287
📍 Higher resistance: $0.02304–$0.02310
If AEVO closes below $0.02269 with stronger selling volume, bearish continuation may follow.
But if buyers reclaim $0.02287 with solid volume, a short-term recovery could develop.
My plan: WAIT for confirmation. The price is already near support, so chasing a SHORT here could be risky. A wick alone is not a breakout.
What are you watching on $AEVO — a support breakdown or a bounce?
#AEVO #CryptoMarket #priceaction #AltcoinAnalysis #TradingDiscipline