AEVO Price Breaks Below Support, Signaling Bearish Continuation

AEVO has broken below its $0.060 support level, confirming a bearish continuation pattern. The decline follows weeks of sideways trading and indicates declining market sentiment, with sellers maintaining control despite weak volume. 20-day EMA remains below price action, highlighting the lack of bullish momentum. Traders are awaiting signs of accumulation or short-term relief before considering potential stabilization near $0.052-$0.053.