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#AEVO Technical Analysis: Trend Reversal

Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:

AEVO has recently broken above the descending channel after 110 days of a continuous downtrend.

The price is currently holding support at the 21 EMA, and it is likely to show a decent rally, creating an uptrend.

- Primary Support: 21 EMA at $0.519.
- Short-term Target: $1.053.
- Mid-term Target: $1.84.
- Long-term Target: $3.73.

DYOR, NFA.

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