$AERGO /USDT — Sharp Breakdown, Now Stabilizing
AERGO saw a sudden aggressive sell-off, followed by a short-term bounce and consolidation.
🔹 Market Structure
Sideways accumulation → sharp breakdown
Strong bearish impulse
Currently forming a weak base after the dump
🔹 Key Levels
Immediate Support: 0.0580 – 0.0570
Major Support: 0.0550
Resistance: 0.0605 – 0.0610
Higher Resistance: 0.0630 – 0.0640
🔹 Price Action Insight
Large bearish candles indicate forced liquidations
Long lower wicks show dip-buying interest
Recovery is slow → sellers still in control
🔹 Scenarios
Bullish: Hold above 0.058 and reclaim 0.061 → move toward 0.063+
Bearish: Lose 0.057 → continuation toward 0.055
🧠 Final Take AERGO is in a post-breakdown consolidation phase. Trend remains bearish unless price reclaims 0.061+ with strength.
⚠️ High volatility zone — manage risk carefully.
Not financial advice
