$AEVO is currently trading above a significant resistance level, which has now turned into a support level. The price seems to be consolidating within the range of 3.24-3.28. Without significant buying pressure, there's a risk of a bearish trend emerging.
To initiate a bullish momentum, it's crucial for buyers to step in and hold their positions. A strong buying candle would encourage other investors who are waiting on the sidelines to join in. Only with this collective effort can we aim to propel the price higher.
Breaking past the 3.80 mark would likely pave the way for a push towards 4.0. Stay tuned for further updates and analysis. Feel free to follow for more insights.
$AEVO
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