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$AEVO Range Expansion: Bullish Breakout Pending?
$AEVO is showing signs of a major volatility expansion! Following the strategic burn of 6.9% of the total supply, the price is stabilizing in a high-demand zone. If we hold key support, we could be looking at a significant leg up.
⚡ Trade Parameters
Entry Zone: 0.0420 – 0.0440 (Optimal accumulation area)
Pivot Point: Bullish conviction remains strong as long as we hold above 0.0415.
Stop-Loss (SL): 0.0395 (Protects against a deeper liquidity grab).
🎯 Profit Targets
TP1: 0.0470 (Initial resistance test)
TP2: 0.0520 (Range expansion target)
TP3: 0.0580 (Major breakout objective)
📉 Macro Watch
With the US Non-Farm Payroll report and US Trade Deficit data influencing broader market sentiment, keep an eye on BTC dominance.
$AEVO ’s new deflationary mechanics could help it decouple if volume starts to flow back into DeFi.
Trade with discipline and manage your risk!
Nabiha Noor
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#AEVO #USNonFarmPayrollReport #USTradeDeficitShrink #CryptoAnalysis #BinanceSquare