Dear Family;
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đŞˇ
⢠A major bullish breakout occurred after breaking the downtrend.
⢠Entered a position when AEVO broke the downtrend but exited early due to unexpected movement.
⢠AEVOâs volume exceeds $800 million, with a significant portion from lesser-known exchanges, suggesting potential manipulation.
⢠Unusual spikes in open interest indicate higher volatility.
⢠Bitcoin is strong, and AEVO has a solid project with a $400 million market cap.
⢠AEVO is facing resistance around $3.7, with main support at $3.25.
⢠Cautious about a potential crash due to dropping open interest and significant resistance.
⢠Advised to wait for confirmation of breakout above $3.7 or breakdown below $3.25.
⢠Most likely scenario is a bullish breakout to $4.25, but a drop to $3.25 is possible if support is broken.
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