MyCryptoParadise

AEVO/USDT Breakout Alert! Ready for continue the upward movement

BINANCE:AEVOUSDT   AEVO / TetherUS
πŸ’Ž AEVO has recently demonstrated significant market dynamics by breaking out of the falling wedge pattern after bouncing from the support area.

πŸ’Ž Currently, the price is in the retesting phase on the trendline, indicating a potential continuation of the upward movement. AEVO can reach the maximum target pattern area.

πŸ’Ž However, if AEVO fails to sustain its upward momentum, it may retreat to test the support around the $2.7 area to gather new momentum.

πŸ’Ž The support level is crucial for AEVO, as a successful bounce from this level is necessary to maintain the upward trajectory. However, if AEVO fails to bounce and breaks below the support, it could signal a shift to bearish sentiment, leading to further downward movement.

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