$AEVO Outlook On the daily timeframe, $AEVO has confirmed a breakout from its symmetrical triangle pattern with a significant surge in volume compared to the average (which I find interesting). The Stochastic RSI indicator is at 41.18 (blue line). Being below 50 but above 20 indicates momentum is neutral to slightly weak and hasn’t entered the oversold zone (below 20) or overbought zone (above 80). This confirms the consolidation/neutral phase seen on the price chart. On the 1h timeframe, it’s also very interesting currently forming a falling wedge and preparing for a potential reversal if a perfect breakout occurs. Bullish scenario: Supported by the breakout from the symmetrical triangle and the falling wedge awaiting a clear breakout confirmation, $AEVO looks very bullish with a potential target around 1.4–1.5. Bearish scenario: On the daily timeframe, watch the volume. if selling pressure increases, a fake breakout could happen. On the 1h timeframe, if a breakdown occurs from...
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