This is a typical example of checking liquidity and holding profits in the short term. So while holding aevo, please wait for the short-term target to close around 0.55-0.57 and wait for a correction to take the area of 0.61.

1 example of checking liquidity.
There is a breakout signal and sw to add alt into the portfolio. Therefore, we need to check the liquidity of each asset.
For example, regarding aevo: you can go to coinglass.
Open it up like the 2 images below: select liquidation liquidity for 3 days and 1 week.
We see that in the 3 days of aevo, it has turned yellow, indicating that it will take all the short liquidity from the 0.52 area and below, and the long liquidity is nearly exhausted, so one can be somewhat assured that it won't drop in the short term.
Continuing to check its liquidity over 1 week, we see that the 0.5-0.55 range has turned yellow and there is still quite a bit above 0.55. This further confirms our assumption.
It combines the 3-day liquidity and the 7-day liquidity in the short term, so the 0.5-0.55 range will definitely be cleaned out, also known as liquidation.
Thus, we will hold and take some profits at the 0.55 range for aevo.