📈 $AEVO /USDT – BULLISH REVERSAL ATTEMPT
⏰ 1H Timeframe | Binance
💰 Price: ~0.1048
📊 Structure:
AEVO has shown a strong move off the bottom around 0.090, forming a rounded base with higher lows. It’s now testing a key resistance at 0.1105, which could flip to support if broken with volume.
📉 RSI: 50.84 – Neutral zone, with upside potential. The indicator is recovering from a prolonged oversold state (previous RSI ~40), suggesting building momentum.
📥 Entry Zone: 0.102 – 0.106 (current price is within entry range)
🎯 Targets:
• TP1: 0.115
• TP2: 0.123
• TP3: 0.135
🛑 Stop-Loss: 0.098 (below consolidation base)
📐 Risk:Reward: ~2.5R
🧠 Trade Logic:
This setup represents a potential bottom reversal pattern. Breakout above 0.1105 with increased volume (already visible) would validate bullish continuation. RSI and volume both support the case.