#AEVOUSDT is showing signs of a massive breakout from a descending channel.
🟢LONG/BUY : 0.3820 - 0.3600
Targets:- 0.4000 - 0.4200 - 0.4400 - 0.4700 - 0.5000 +🚀
Stop Loss 0.3500
The AEVO/USDT pair is currently trading around $0.384, showing a 6.92% increase in the past 24 hours. Over the past week, AEVO has risen by 11.49%, but its performance over the last month has slightly declined by 0.16%. On a broader timescale, the token has faced a 61.63% drop in value over the past year.
Technical indicators for AEVO/USDT on a 4-hour chart show mixed signals, with oscillators leaning towards a neutral stance, while moving averages also suggest neutral or sideways movement. This hints that AEVO is trading in a consolidation phase, awaiting a breakout or a new trend.
Currently, traders are optimistic about an upward move, as the price has shown signs of breaking out from resistance levels and may see further gains if bullish momentum continues
