Aevousdt trading idea

15 mar

Aevo exhibit clear downtrend with a descending trendline acting as resistance. Price is currently reacting to a local resistance zone, where a breakout could lead to a test of the critical resistance at 0.6112, while rejection could send it towards the projected bearish target around 0.0580. Price action suggests consolidation within a tight range, indicating indecision. A break above the local resistance could trigger bullish momentum, while failure may extend the downtrend. The next major move depends on price reaction at the current resistance zone.

3 nov

Trade attivo

The main zone to focus on is the area shown on the chart, we should watch for reversal formation on the lower timeframe to begin accumulating the coin.