$AEVO: Bounced From the Dead Zone?
$AEVO just pulled a quiet bounce from $0.0918, now hovering around $0.093. Not impressive at first glance, but if you’ve been watching this chart, you know this zone has history. It’s holding just above its ATL and starting to show signs of accumulation.
The range to watch:
– Support: $0.0915
– Resistance: $0.0988, then $0.104
If volume kicks in, a breakout above $0.0988 could send it flying to test $0.11. But lose $0.0915? You’re staring at $0.083 or worse.
Plan for now:
– Scalpers: play the $0.092–$0.098 range, don’t overstay
– Swingers: wait for clean breakout above $0.10
– Use tight SL — this thing nukes hard when it fails
AEVO is a sleeping beast. Just don’t be the one still holding when it rolls over.
