#CryptoTrading. #TechnicalAnalysiss #Signal🚥.
📊Technical Analysis (1 hour) $AEVO /USDT
1. Price and Trend: The current price is 0.12968 USDT, up 36.40%. The chart shows a strong uptrend, especially in the last few hours, indicating increased demand.
2. Bollinger Bands (BOLL): The price is approaching the upper limit of the Bollinger Bands (0.14406), which may indicate overbought conditions. The middle line (MB: 0.11361) and the lower line (DN: 0.08317) confirm the current range.
3. Volume (VOL): Trading volume increased to 121,813,379.0000, which supports the upward movement and indicates active trader participation.
4. MACD: DIF (0.00996) crosses DEA (0.00790) upwards, and MACD (0.00206) is positive, signaling continued bullish momentum.
5. Stochastic RSI (STOCHRSI): The values of 86.76/66.66 (fast) and 93.14/58.00 (slow) are in the overbought zone (>80), which may warn of a possible correction.
6. Moving Averages (MA): The short-term MA (5: 199 982 751.8800) and the long-term MA (10: 196 137 365.8000) show an uptrend, supporting the current growth.
⚠️Conclusion: The current technical analysis indicates a strong bullish trend with signs of overbought. It is recommended to watch the resistance level near 0.14406 (upper Bollinger Band) and the possibility of a correction if the Stochastic RSI remains in the high zone.
Buy signal: 🟢
Consider buying AEVO/USDT when approaching 0.11361 (middle Bollinger Band) with volume confirmation if the trend remains up.
Sell signal: 🔴
Consider selling when reaching 0.14406 (upper Bollinger Band) or if the Stochastic RSI exceeds 90 with signs of reversal.