$AEVO 🎯🎯 Expected targets and recommendations are in the description below. 🎯🎯 The current opportunity is in the oversold zone (low RSI).
- Short-term target: +5% - 8% ($0.1160 - $0.1196).
- Ambitious target: $0.1215 if resistance is broken.
- Warning: A price breakdown below $0.1100 would mean a change in strategy.
A quick look at the data:
- Current price: $0.1113 (near strong support).
- 24-hour change: -6.47% (a pullback indicating a potential buying opportunity).
- Trading volume: 12.37M AEVO and 1.43M USDT (high liquidity).
- Moving averages:
- MA(7): 0.1133 (short-term resistance).
- MA(25): 0.1160 (Moderate Resistance).
- MA(99): 0.1131 (Long-term Support).
Support and Resistance Points:
- Strong Resistance: $0.1215 (24-hour high).
- Important Levels:
- $0.1196 (A breakout would signal a strong uptrend).
- $0.1147 (Potential Sell Zone).
- Critical Support: $0.1107 (If broken, the price could head lower).
Trading Recommendations:
- Buy Zones:
1. $0.1107 - $0.1113 (with a stop loss below $0.1100).
2. If it rises above $0.1147 (bullish confirmation, first target $0.1196).
- Sell/Take Profit Zones:
1. $0.1147 - $0.1160 (Partial Sell).
2. $0.1196 - $0.1215 (Full Sell or Lock in Profit).
Risk Management:
- Stop Loss: Below $0.1100.
- Reward/Risk Ratio: 1:2 (Example: Buy at $0.1113 and Sell at $0.1160).
