🔴 $AEON — Bulls Are Losing Control
$AEON is now trading around $0.05357, down 11%, with the chart showing clear selling pressure.
📉 Price is below MA(7), MA(25), and MA(99), keeping the 1H trend bearish. The key low sits near $0.05224 — losing this level could open the door to further downside.
⚠️ StochRSI is at an extreme oversold level, so a short-term bounce is possible. But bulls need to reclaim $0.0578–$0.0584 to show real recovery.
Key levels:
🔻 Support: $0.0522
🔺 Resistance: $0.0578–$0.0584
Bounce incoming, or another breakdown? 👀
#AEON #MarketAnalysis #Trading
$AEON is now trading around $0.05357, down 11%, with the chart showing clear selling pressure.
📉 Price is below MA(7), MA(25), and MA(99), keeping the 1H trend bearish. The key low sits near $0.05224 — losing this level could open the door to further downside.
⚠️ StochRSI is at an extreme oversold level, so a short-term bounce is possible. But bulls need to reclaim $0.0578–$0.0584 to show real recovery.
Key levels:
🔻 Support: $0.0522
🔺 Resistance: $0.0578–$0.0584
Bounce incoming, or another breakdown? 👀
#AEON #MarketAnalysis #Trading