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Technical analysis by BlessingTrade about Symbol AERGO: Buy recommendation (12/13/2025)

https://sahmeto.com/message/3980944

AERGO - Descending Trendline Break from Major Demand Zone – Bull

Buy
Price at Publish Time:
$0.068189
Buy،Technical،BlessingTrade

Price has returned to a key demand zone that previously acted as a strong accumulation area. The last time AERGO reached this zone, we saw a sharp reaction: price formed a strong impulse, broke above the descending trendline, and was followed by a powerful pump. Currently, the market is showing a very similar structure. Price has once again tested this horizontal support area, sellers are losing momentum, and bullish impulse is starting to form. We are now seeing a potential breakout of the descending trendline, which has been capping price for months. This setup suggests a possible trend reversal from bearish to bullish: Strong historical demand zone holding Repeated reaction from the same support level Descending trendline break (or imminent breakout) Increasing impulsive price behavior after compression If the breakout confirms, I expect continuation to the upside with targets around $0.09 as the first resistance and $0.12 as the next major target zone.

Source Message: TradingView
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