AEVO, a DeFi-focused token, is showing renewed buying interest after bouncing from recent lows. The market is watching closely as price action approaches a critical resistance zone.
Technical Analysis
On the 4H chart, AEVO is in a short-term bullish recovery after rebounding from the $0.0858 support zone. Key resistance sits near $0.1155, with further upside potential toward $0.1277 if momentum continues. Support levels to watch remain at $0.0944 and $0.0858. RSI is at 59, signaling healthy bullish momentum without overbought pressure. Volume shows moderate buying activity, while the price trades above the short-term moving average โ reinforcing a positive bias. Short-term outlook: Bullish.
Market Data & News
Current price: $0.1048 (-1.04% 24h)
24h high: $0.1062 | 24h low: $0.1002
24h volume: 15.90M AEVO
No major headlines in the last 24h, but traders are eyeing DeFi sentiment shifts as the sector gains traction.
Scenario Breakdown
Bullish Case: A clean breakout above $0.1155 with strong volume could trigger a run toward $0.1277 and potentially $0.1363.
Bearish Case: Rejection at $0.1155 and a drop below $0.0944 may invite a retest of $0.0858.
Sentiment Meter
๐ Bullish Momentum โ Recovery from key lows with steady RSI
Risk Level
๐ก Medium โ Bullish signs emerging, but resistance test ahead
Whatโs your play if AEVO hits $0.1155 or $0.1277? Drop your strategy below ๐
๐ Drop your chart view below ๐
๐ฌ Comment your bias: Bullish or Bearish?
โค๏ธ Like ๐ | Share ๐ค | Follow ๐ @The_Crypto_Malik for daily 4H insights
#AEVO #CryptoAnalysis #BinanceSquare #DeFi #BinanceTurns8
๐ข Not financial advice. Always DYOR and manage your risk.