AEVO β€” 230 Days of Accumulation, Breakout Ahead

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AEVO β€” 230 Days of Accumulation, Breakout AheadAEVO / TetherUSBINANCE:AEVOUSDTSiDecAEVO has been consolidating for the past 230 days in what looks like a Wyckoff accumulation between the 100M–150M market cap range. AEVO is now on the verge of breaking its long-term bear trend. 🟒 Long Setup Idea Entry Zone: $0.13–$0.12 Stop-Loss: Below $0.11 Target: ~$0.35 Key Resistance Levels Yearly Dynamic VWAP β†’ $0.1384 β†’ current resistance / key S/R zone Anchored VWAP (Dec 7, 2024 high at $0.6549) β†’ ~$0.17 β†’ key resistance in confluence with the key highs β†’ A clean break above this = bullish 150M Market Cap β†’ $0.164 β†’ major breakout level Once cleared, significant upside potential opens up. Higher Timeframe Targets $0.35 Zone β†’ Primary long target (POC of the 2024 trading range, yearly Open at $0.3614, 0.5 Fib retracement of the downtrend at $0.359) $0.43 Zone β†’ 0.618 Fib retracement of the downtrend, in confluence with the 400M market cap $0.50 Zone β†’ Anchored VWAP resistance + psychological level $0.53 Zone β†’ 0.786 Fib retracement $0.55 Zone β†’ 500M market cap resistance Key Levels Support β†’ $0.12–$0.13 Resistance β†’ $0.1606–$0.17 β†’ $0.35 β†’ $0.43–$0.55 πŸ” Indicators used DriftLine β€” Pivot Open Zones β†’ For identifying key yearly/monthly/weekly/daily opens that act as major S/R reference points ➑️ Available for free. You can find it on my profile under β€œScripts” and apply it directly to your charts for extra confluence when planning your trades. _________________________________ πŸ’¬β€―If you found this helpful, drop a like and comment!