Analysis of AEVO/USDT
*Time range*: 2025-07-24 16:00:00 ~ 2025-08-07 12:00:00
Data type. Real-time
In-depth analysis of candlestick patterns
1. **At the beginning of the chart (around 27.07), a series of bullish candles with long bodies form** - Strong bullish impulse - Strong signal
2. **Around the level of 0.1154 (28.07), a "Bearish Engulfing" pattern forms** - Trend reversal, beginning of downward movement - Strong signal
3. **After a sharp drop (29.07), a candle with a long lower shadow appears** - Attempt to form support, but unsuccessful - Weak signal
4. **At the level of 0.0858 (02.08), a "Hammer" forms** - Signal of a reversal of the downward trend - Strong signal
5. **During the period 04-05.08, the "Three White Soldiers" pattern is forming** - Confirmation of the upward trend - Average signal
6. **Recent candles (06-07.08) show consolidation with the formation of doji** - Market indecision, possible trend change - Weak signal
Analysis of technical indicators
RSI (6, 12, 24).
- RSI(6) = 54.66 - in the neutral zone, but above RSI(12) and RSI(24), indicating a short-term bullish impulse
- RSI(12) = 51.87 - neutral position, weak bullish signal
- RSI(24) = 48.05 - approaching the oversold zone but beginning to turn upward
All three RSI lines recently crossed and started moving upward after reaching lows in early August, confirming the trend reversal.
Support and resistance levels
Support levels.
- Strong support: 0.0860 (confirmed by a bounce on 02.08)
- Average support: 0.0890 (tested several times)
- Short-term support: 0.0920 (current range)
Resistance levels.
- Short-term resistance: 0.0950 (tested 05-06.08)
- Medium-term resistance: 0.1050 (consolidation level 30-31.07)
- Strong resistance: 0.1150 (maximum 28.07)
Comprehensive technical assessment
Trading volume shows an increase during the upward movement at the beginning of the chart and during the formation of the bottom on 02.08, confirming the significance of these movements.
Overall trend: after a strong downward movement from a maximum of 0.1154 to a minimum of 0.0858 (a drop of about 26%), a reversal formed and an upward trend began, which is now in a consolidation phase.
Conclusion
AEVO/USDT shows signs of recovery after a significant drop. The formation of a bottom at the level of 0.0858 and subsequent growth with increased volume indicate a potential continuation of the upward movement. Current consolidation in the range of 0.0890-0.0950 may serve as a springboard for further growth.
Operational recommendations:
- Consider buying upon confirmation of a breakout at level 0.0950 with targets of 0.1050 and 0.1150
- Set a stop-loss below the level of 0.0890
- Monitor the volume as the price moves - an increase in volume will confirm the strength of the trend
*Risk warning*: The cryptocurrency market is highly volatile. The current upward impulse may be temporary. Do not invest more than you are willing to lose, and always use stop-losses to manage risks.
The above information is the result of research and summarization using artificial intelligence and is not investment advice.
