$AEVO USDT – REJECTION AT RESISTANCE, BEARISH PRESSURE RETURNS

FAILED BREAK ABOVE 99 MA AT 0.1183

BEARISH ENGULFING CANDLE PRINTED ON RETEST

$AEVO USDT attempted a recovery above the 99-period MA (0.1183) but faced a strong rejection, forming a bearish engulfing candle and dropping to 0.1160. The price was also resisted by both the 25 MA (0.1185) and 7 MA (0.1177), confirming downward pressure.

Failure to reclaim 0.1185 could open the door for another drop toward the 0.1120–0.1140 support range.

Trade Setup (Short):

Entry: 0.1165 – 0.1175

Target 1 (TP1): 0.1140

Target 2 (TP2): 0.1115

Stop Loss (SL): Above 0.1195

Momentum favors sellers unless the price breaks and closes above the 0.1190–0.1200 zone.

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