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$AEVO Price decline accompanied by high open interest suggests market logic warns of potential long liquidation or main force distribution risks. The current chart shows no clear support structure, so it is not advisable to blindly buy in.
🎯 Direction: Short position
Wait for the price action to give a clear signal. If open interest continues to increase during the decline, it confirms a bearish dominance; if the price can effectively absorb around 0.031 and is accompanied by decreasing open interest, then consider bullish opportunities. The current market sentiment is leaning towards panic, so observe whether selling pressure diminishes.
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