📉 $AEVO /USDT BEARISH RETEST UNDERWAY! ⚠️
📌 Current Price: $0.0831
📉 24h Change: +1.84%
🕒 Timeframe Analyzed: 4H
🔍 Technical Analysis Overview
$AEVO has rejected from the key resistance at $0.0875 and is now showing signs of bearish pressure after failing to hold higher support zones. The lower highs and rejection wicks indicate a potential pullback or deeper retracement.
📍 Key Levels to Watch
Resistance:
🔺 $0.0875 (Major resistance / double top zone)
🔺 $0.0855 (Short-term rejection area)
Support:
🔻 $0.0800 (Critical support zone)
🔻 $0.0770 (Next demand area if breakdown occurs)
🧠 Trade Setup: SHORT POSITION
🔴 Entry: On rejection near $0.0845 – $0.0855
🎯 TP1: $0.0800
🎯 TP2: $0.0770
❌ Stop Loss: $0.0878 (above 24h high and resistance zone)
➡️ R:R Ratio: Approx. 1:2+ on TP2
🛡️ Risk Management Tips
Risk 1-1.5% of your capital per trade
Wait for confirmation candle on entry zone
Stick to your SL — don’t overleverage! 🚨
⚠️ Trade smart, stay patient, and follow your strategy! 📊💼 #AEVO #CryptoTrading #BearishSetup #Binance #StrategyBTCPurchase #Write2Earn $AEVO