The market is heating up again, and AEON is already showing why momentum is returning to the watchlists.
The screenshot shows AEON around 0.05225 with an approximately 8.30% gain over 24 hours.
That is not something I want to ignore.
The first impulse has already happened. Now comes the real test.
Can buyers defend the current structure?
Can volume expand?
Can the coin continue making higher lows instead of surrendering the entire move?
The area around 0.0505 to 0.0525 is the support region I am watching. A successful retest there could give buyers another opportunity to attack the upside.
The market backdrop is becoming increasingly interesting. Bitcoin has recovered from its late-August lows and options positioning has turned more constructive, although macroeconomic risks remain significant. 3
That combination creates a market where volatility can return very quickly.
AEON is therefore a coin I want on the radar while the momentum remains active.
EP: 0.0515 - 0.0528
TP: 0.0570 / 0.0620 / 0.0680
SL: 0.0485
If volume confirms the breakout, the next leg could be much faster.
I’m ready for the move —
