AEVO/USDT Technical Analysis : Triangle Breakout in Focus
AEVO is consolidating within a triangle pattern on the daily chart, nearing the demand zone between $0.3152 – $0.4115. This area offers a solid opportunity for buy/long positions if a reversal confirms.
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Key Levels to Watch :
Demand Zone : $0.3152 - $0.4115 (Support)
Targets (Resistance) :
Target 1 : $0.5778
Target 2 : $0.7285
Target 3 : $0.9271
Supply Zone : $0.9359 - $1.1230
A bounce from the demand zone signals a potential breakout towards the above targets. Traders should set stop-loss below $0.3152 and book partial profits at $0.5778 while moving stops to entry.
Pro Tip : Avoid overleveraging and manage capital smartly. Wait for confirmation before entering long positions.
Conclusion : AEVO shows bullish potential if the demand zone holds. Stick to risk management and aim for upside targets while watching for resistance near the supply zone. 🚀