🚀 $AERGO
Is a Bullish Reversal Brewing? 📈
Looking at the daily chart for AERGO, things are getting interesting! 🤔 While the long-term trend (below the 100 EMA 📉) is still bearish, some clues suggest a potential shift:
Price battling around the 10 & 20 EMAs ⚔️ (A sign of indecision, but a break above would be bullish)
MACD about to cross bullish! 🤞 (This could signal a change in momentum)
Key resistance at 0.1630 🚧 (A break above this level could trigger a significant move 🚀)
Watch these key levels closely:
Resistance: 0.1630 ⬆️ (The critical level to break for bullish confirmation)
Support: 0.1335 & 0.1039 ⬇️ (Potential areas where buyers might step in)
What to watch for to confirm a bullish reversal:
Decisive break above 0.1630 with strong volume! ✅ (High volume confirms the move)
Increasing volume on green (up) days! 💰 (More buyers coming in)
Confirmed MACD crossover above the signal line! ➕ (Momentum shift confirmed)
Important Note: The overall trend is still bearish until we decisively break that resistance at 0.1630! 🐻 Always manage your risk and trade responsibly! ⚠️ This is not financial advice.