AEVO/USDT — A Classic Altcoin Bottom Structure

24 มิ.ย.

🧠 Context:
Another chart showing a typical altcoin structure near the bottom. Price has dropped over 98% from the all-time high. The concept of a "bottom" here is highly abstract — risk remains elevated, and liquidity is thin.

📉 Chart Highlights:
▪️ Price is still moving within a descending channel
▪️ A potential double bottom or dragon pattern is forming
▪️ The 0.0833 level is a key zone to watch
📈 Potential Move:
If the 0.0833 area holds, we may see a push toward the upper boundary of the channel.
Due to thin order books, any move could be impulsive and fast.

⚠️ Note:
This is still a weak market structure.
The idea is speculative — focus on price reaction rather than prediction.

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AEVOUSDT — breakout from the descending channel

The price has rallied about +80% after breaking out of the descending channel and retesting the breakout level. Currently, the market is consolidating within a horizontal range.

📌 A strong volume spike is visible — this could act as fuel for the next move.

If the breakout continues upward, the next target lies in the 0.30–0.40 resistance zone (cup top).

If the breakout fails, price action will likely remain range-bound, trading off the support of the horizontal channel.