💎 AEVO has recently demonstrated significant market dynamics by breaking out of the falling wedge pattern after bouncing from the support area.
💎 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.
💎 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.
💎 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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