🔍 $AEVO Market Snapshot
Current price: ~$0.0282** (24h: **-5%**)
Structure: Pullback to **$0.0280–0.0281 support zone, now consolidating with tightening candles on 1H.
Key technicals: RSI shows oversold conditions (<30), suggesting potential for a short-term bounce. However, daily moving averages signal a bearish trend, and overall sentiment remains cautious.
📈 My Strategy Prediction: CAUTIOUSLY BULLISH (for a bounce)
· Why? Oversold RSI, defense of the $0.0280 support, and a major 6.9% token burn (69M AEVO) in Jan 2026 may reduce sell pressure.
· But note: The market shows "Extreme Fear", and AEVO faces competition and must rebuild trust after a past security incident. This is a speculative bounce play, not a long-term trend reversal.
🎯 Key Levels for the Setup
Entry Zone: 0.0280 – 0.0282
TP 1: 0.0288 (Near-term resistance)
TP 2: 0.0295 (Previous intraday high)
TP 3: 0.0305 – 0.0310 (Range expansion)
STOP-LOSS: 0.0276 (Below local support) DYOR
Short-term $AEVO direction?
1. Bounce 🟢
2. Drop further 🔴
3. Sideways ⚪