2026-01-08 03:33:08

AEVO's current performance is quite interesting. Starting from the launch price, it has increased by 0.77% and is now hovering around 0.04168, but the overall sentiment remains bearish. This wave of shorts has already run through 17K candles, and many are wondering when the reversal will happen.

From a technical perspective, the key support levels are at 0.04128, 0.04079, and 0.04018, while the resistance levels overhead are at 0.04168, 0.04235, and 0.04262. The price is currently testing the downward trendline, which is a critical point—considered the dividing line between strength and weakness. If the rebound stalls below 0.04169, the opportunity for a strong short position is there. But if it breaks through strongly, the bearish structure could be shaken.

However, be cautious, as the MACD momentum has already significantly weakened. In such an environment, false breakouts are most likely, followed by a quick reversal downward. Traders need to stay alert.

AEVO-1,83%

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MEVHunter_9000

· 16h ago

The 17K candlestick has been bearish for so long, it feels like it's about to reverse.

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Anon4461

· 01-09 18:39

The bearish trend on the 17K chart hasn't given up yet, this is just the beginning.

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MEVEye

· 01-08 04:03

17K candlestick bears have been running for so long, it feels like a change is coming --- MACD is weakening but still daring to break through, 99% is fake, don't chase --- If 0.04169 gets stuck, keep smashing it, don't think about a reversal --- The bearish structure hasn't been shaken yet, too many people are waiting for a rebound, which is actually more dangerous --- If there's a false breakout and it crashes down, I can still buy the dip, but I'm worried about a quick reverse and getting cut directly

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SwapWhisperer

· 01-08 04:02

17K candlestick bears have been running for so long, it feels like they can't hold on much longer. --- MACD decay really needs to be guarded against; fake breakouts that immediately fall back are too common. --- The 0.04169 barrier, if it can't be broken through, just keep kneeling. --- The bears are a bit tired now, but the rebound might just be a temporary flash in the pan. --- The price is hovering here, ready to break apart at any moment. Watch who slips up first.

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TooScaredToSell

· 01-08 03:59

17k candles and still dragging on, truly incredible --- The most annoying part of false breakouts is that everyone gets shaken out this way --- Still waiting below the 0.04169 level, feels like a breakdown is coming --- I saw the MACD weakening signal early, now it's just a gamble whether it can rebound --- Another "critical level," but these levels change every day, by the way --- If the 0.04018 bottom line can't hold, I'll really start to panic --- The worst is when it drops back suddenly; the risk-reward ratio isn't worth it right now --- This bearish wave has been running for so long, the reversal shouldn't be too far away --- Why are we still hesitating? Just pick a direction already --- The opportunity for a short squeeze is definitely there, but I need to see a break before I believe it

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EthMaximalist

· 01-08 03:57

The 17K candlestick bears have all run away without a rebound. This time, it looks like they're going to trap some bagholders.

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