$AEVO : Recovering Like a lil Boss (But Hold on a Sec.đ ), let's talk about the wild ride this token has been on these past 24 hours!
Remember big dip yesterday? Well, #AEVO grew some wings and soared over 17% from its lowest point yesterday. Looks like someone got their daily dose of hopium!
Here's the lowdown: đ
1) Trading is Booming: Volume is way up, over $360 million in the last day, that's more than double from yesterday! Seems like everyone's watching AEVO make its comeback.
2) Price Check: We're chilling at around $0.891 per token. Still a ways off from that all-time high ($3.70, remember those dreams of lambos on the moon?), but hey, progress is progress, right? đ¶âđ«ïž
3) The Floor is (Hopefully) In: The good news is, AEVO hasn't dipped below $0.767 in the past day. So, there's a potential floor forming!
Tech Talk Time: Now, for the eagle-eyed investors out there, here's a little technical analysis. Looking at SMA, both the 30-day and 50-day SMAs are currently sitting above the current price of AEVO (SMA 30: $1.395, SMA 50: $1.891). Traditionally, this indicates a potential uptrend, which aligns with the recent price increase. đ„¶đ
But wait, there's more! We gotta be real here. There's about 6 million AEVO tokens unlocking every day for the next 9 days. đ This might put some downward pressure on the price. So, keep that in mind and remember to do your own research before making any investment decisions. đđ»
Overall, AEVO is showing some signs of life, but it's still a wild ride. Stay tuned for more updates, AEVO fam, and remember, diamond hands (and maybe a little caution) are your best friends in this crazy crypto world! DYOR! #BinanceLaunchpool #altcoins #Memecoins