$AEVO: High Volume Selling Sweep Breaks $AEVO Market Structure
SHORT SETUP AEVO
Entry: $0.02621 - $0.02658
Stop Loss: $0.02745
Take Profit: $0.02428 (2R)
Key Levels: Support $0.02621 | Resistance $0.02727
Technical Analysis for $AEVO: AEVOUSDT favors a short setup. Price sits below the 200 EMA and MACD is negative, indicating bearish momentum. If that level holds, a move toward 0.02491 is likely. Watch for a break above 0.02727 to invalidate the short bias. SHORT bias targets continuation toward support, with resistance as the invalidation level.
Market Context: BTC is bearish on the 4H, adding pressure to altcoins. Market breadth is broadly negative, supporting a defensive stance. Orderbook shows 45.86%
SHORT $AEVO
SHORT SETUP AEVO
Entry: $0.02621 - $0.02658
Stop Loss: $0.02745
Take Profit: $0.02428 (2R)
Key Levels: Support $0.02621 | Resistance $0.02727
Technical Analysis for $AEVO: AEVOUSDT favors a short setup. Price sits below the 200 EMA and MACD is negative, indicating bearish momentum. If that level holds, a move toward 0.02491 is likely. Watch for a break above 0.02727 to invalidate the short bias. SHORT bias targets continuation toward support, with resistance as the invalidation level.
Market Context: BTC is bearish on the 4H, adding pressure to altcoins. Market breadth is broadly negative, supporting a defensive stance. Orderbook shows 45.86%
SHORT $AEVO