But on the 26th of November, this resistance was broken and AEON/USD continued to rise. Now the resistance becomes a support. First is $3.15, second $2.8. It is possible Aeon will get back to re-test one of these levels but it should only provide a more attractive price for investors.
The strong upside resistance which could be considered as an upside target is $4.75, which is inline with two levels, 161.8% and 427.2%. At this point, a reversal down is very unlikely and only in the event of price closing below the 200 Moving Average, the trend could be changed.
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