A dear follower has asked me again about $AEVO , and I'm noticing that we're about to reach the 1-month mark after the listing via Launchpool for the AEVO project... Let's see what the charts tell us about how the future of this crypto asset could unfold.
Always remember that I've posted a very important guide that is a prerequisite for you to understand before transacting with projects listed through a Launchpool. I highly recommend taking a few minutes to read and comprehend the guide I've shared with all of you.
I also urge my followers that when they ask me, they should mention at what price they bought, so I can provide better insights and what I would do if I were in your shoes. But well, let's see where we stand now.
In the post I made on March 27th, I showed you how AEVO was going to reach its all-time high right after its listing, an ATH that I consider as a psychological limit (figuratively speaking). As you can see in my post from March 28th and in the chart I'm sharing now, it reached that limit, tried to survive above it, and couldn't achieve it due to selling pressure, a common behavior as I've explained in the listing guide!

How do I see it now? VERY COMPLICATED. If it finishes breaking out of the current zone, if it falls from $2.40 to $2.30, losing this support, it could potentially freefall back to the prices negotiated between March 15th and 20th! We're evidently in a downtrend. I don't like being straightforward, but I would have let go of this crypto a while ago, at least to have liquidity and take advantage of other projects or launchpools that have been available!

Can AEVO rise? Yes, of course... it can also continue to fall! I'd love to be able to predict the future and tell you for sure whether to buy more or sell... but I leave those decisions entirely up to you, since you're the sole owner and master of your own money!