Heads up: $AEVO has plummeted by a staggering 80% from its all-time high.
Here's a recap: After being listed on Binance on March 13, 2024, $AEVO experienced a sharp surge, reaching an all-time high of $3.94 within just 15 days from its initial price of around $2.80.
Currently, it's trading at $0.76.
Technical analysis highlights the breakdown of the $2.93 support level and the formation of a bearish flag last month, followed by a breakdown and retest at the $1.46 level.
Investors who jumped in at the all-time high are now facing an 80% loss. For instance, a $100,000 investment at the peak is now only worth $20,000.
Remember to trade wisely, analyze thoroughly, and keep an eye on market signals.