AERGO ready for a bounce or more pain? ⚖️
Looking at $AERGO , we’re seeing some mixed signals right now. 📊 After a long-term downtrend, we finally got some upward movement with a spike in volume, which is promising. The price is sitting above key moving averages, but the recent sell-off shows hesitation in the market. With the 7-day moving average crossing above the 25-day, there is still some hope for a short-term rebound, but the momentum is fading quickly. ⚡
A key area to watch is the $0.10 zone. If bulls can push the price above this psychological level with good volume, we could see a sustained rally. However, if the price fails to hold at current levels and we dip back below $0.09, a pullback seems likely. Right now, the market is in a wait-and-see mode, so it’s time to stay cautious! 🤔
Drop your thoughts in the comments, hit that like button, and share with your fellow traders! Let’s see where this market takes us! 🚀
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