📉 AEVO/USDT Falling Wedge Nearing Resolution (30m, 76.7% Mature)
AEVO/USDT is compressing inside a falling wedge on the 30m chart, with resistance sloping down steeply while a shallower support line has held across 3 touches. Resistance itself has only been tested twice, keeping this a tighter, lower-volatility version of the pattern.
At 76.7% maturity, price is nearing the apex where these setups typically resolve. Falling wedges are traditionally viewed as bullish reversal patterns, so a break above resistance would align with that bias, while continued weakness below support would challenge it.
Watching closely as price approaches the tip of the wedge. 👀
DYOR not financial advice. 🧠
#ChartScout #aevo #FallingWedge #AEVO/USDT #Aevobullish
AEVO/USDT is compressing inside a falling wedge on the 30m chart, with resistance sloping down steeply while a shallower support line has held across 3 touches. Resistance itself has only been tested twice, keeping this a tighter, lower-volatility version of the pattern.
At 76.7% maturity, price is nearing the apex where these setups typically resolve. Falling wedges are traditionally viewed as bullish reversal patterns, so a break above resistance would align with that bias, while continued weakness below support would challenge it.
Watching closely as price approaches the tip of the wedge. 👀
DYOR not financial advice. 🧠
#ChartScout #aevo #FallingWedge #AEVO/USDT #Aevobullish