[Will AEVO return to zero? I don't think so]

Although AEVO has fallen wildly recently, the traffic ratio is high, and it has received investment from Binance before. I don't think it will spiral out of death. Although many people are trapped, just stick to it.

Token name: $AEVO

Current price: $0.481

📊 Market sentiment analysis

Currently, no specific news data is provided to determine investor sentiment.

Analyzing the trading data, the order book shows a relatively balanced distribution between buys and sells, with a slight tendency to more buy orders at the current price level.

📈 Technical analysis

RSI: The RSI value is 55.90, indicating neutral to slightly bullish sentiment as it is above 50 but not in the overbought area.

Bollinger Bands: The current price is close to the upper limit (0.4835), indicating that the price is relatively high in the recent range and may face resistance.

Pivot Point: The current price is above the pivot point (0.4773) but below the first resistance level (0.4897), indicating an uptrend is likely if the resistance is broken.

DMI: The ADX value is 16.22, indicating a weak trend. +DI (23.35) is above -DI (18.39), indicating a slightly bullish trend.

MA: The current price (0.481) is above the moving average (0.4703), indicating bullish sentiment.

MACD: The MACD histogram is positive (0.00225), indicating bullish momentum as the MACD line is above the signal line.

KDJ: The K value (74.71) is above the D value (72.62), indicating bullish sentiment, but the J value (78.88) suggests that it may be approaching overbought conditions.

💡Recommendations and Trading Strategies

Long positions: Given the overall bullish indicators, a long position can be considered.

Short-term trading: This analysis is based on the 1-hour candlestick chart indicator and is suitable for short-term trading.

Confidence level: Confidence is medium due to mixed signals from different indicators.

Take Profit: Near the first resistance level of $0.4897.

Stop Loss: Below the pivot point of $0.4773.

Technical analysis is based on the 1-hour candlestick chart indicator and can be used as a reference by users who prefer short-term trading.

#aevo走势 #AEVO归零之路 #aevo解锁