$AEVO 🚀 💪 Bullish 🚀 🚀
Technical Analysis Snapshot
Trend: Sideways-to-Bearish (short-term)
RSI (14): 38 (approaching oversold, weak momentum)
MACD: Bearish, but flattening
Support Zone: $0.132 – $0.136
Resistance Zone: $0.155 – $0.160
Volume Profile: Decreasing over #CryptoComeback past 3 days, signalling indecision or distribution
✅️ TRADING strategy :
Entry Zone: $0.135 – $0.142 (ideal if it bounces near support)
Confirmation: Bounce from $0.136 support with 1H bullish engulfing candle or RSI crossing above 40
✅️Target 1: $0.153
✅️Target 2: $0.165
✅️Stop Loss: $0.129
Risk/Reward Ratio: 1:2.1 (Moderate)
Reasoning: RSI nearing oversold suggests a possible reversal. If AEVO holds above $0.136 and volume begins rising, it may initiate a relief rally or range recovery