AEVO Corrected, But Now Has Potential to Rally 40%
The chart displays an ascending triangle pattern, which is typically a bullish continuation pattern. Right Now AEVO has breakout and retest, it seems that the sellers are slowing down.
From The 21-day EMA which is currently around 0.978. The price is slightly above the EMA, indicating a possible shift to a bullish trend as the price is starting to move above the average.
Order Block:
An order block is marked between 1.409 and 1.501. Order blocks are areas where large orders are placed, often leading to significant price reactions. This area might act as a strong resistance zone.
Volume:
There is a notable increase in trading volume marked on the chart, suggesting heightened interest and possibly indicating the strength behind the current price movement.
Overall the Aevo price action look bullish for short term with potential to reach $1.3 - 1.4
#nfa
From The 21-day EMA which is currently around 0.978. The price is slightly above the EMA, indicating a possible shift to a bullish trend as the price is starting to move above the average.
Order Block:
An order block is marked between 1.409 and 1.501. Order blocks are areas where large orders are placed, often leading to significant price reactions. This area might act as a strong resistance zone.
Volume:
There is a notable increase in trading volume marked on the chart, suggesting heightened interest and possibly indicating the strength behind the current price movement.
Overall the Aevo price action look bullish for short term with potential to reach $1.3 - 1.4
#nfa
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