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Binance Technical Analysis: $AEVO

/USDT Price Action 🚀

The AEVO/USDT trading pair has been experiencing some interesting movements recently. Let’s dive into the technical chart to analyze potential target points for the next move.

📉 Current Price: $0.4934 (-7.17% in 24h)
🔴 24h Low: $0.4707
🔵 24h High: $0.5390

Technical Breakdown:

1️⃣ Target 1 - $0.5200:
A bounce from the current price level could push AEVO towards $0.5200. This level represents a key resistance from previous price action, making it a crucial target for any bullish momentum.

2️⃣ Target 2 - $0.5600:
If buying pressure strengthens, AEVO could potentially reach $0.5600. This would mark the upper bound of the 4-hour trading range, aligning with recent highs and forming a possible resistance zone.

3️⃣ Target 3 - $0.4800:
On the flip side, a bearish trend might push AEVO towards $0.4800. This level is critical as it serves as a short-term support, and a breach could suggest further downside potential.

Stay alert for breakout or breakdown signals around these targets, and make sure to watch key indicators for confirmation before entering any trades! 📊

#Binance #CryptoTrading #AEVOUSDT #TechnicalAnalysis #CryptoTargets #PriceAction