Price Position and Structural State
Aevo (AEVO) closed at 0.02159 USDT on August 30, 2026, down 3.05%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 0.01762 USDT, with resistance near 0.02629 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
AEVO is trading below short-term moving averages while still holding above longer-term support. MA20 at 0.021706 USDT may cap short-term recovery attempts, while MA100 at 0.020175 USDT remains the more significant structural support area. The structure resembles a pullback within a broader trend more than a full trend failure.
Trading Friction and Price Efficiency
AEVO shows high trading friction, with a 3-day friction score of 30.2. The score combines price progress, wick rejection, and volume confirmation. Recent candles show contested movement, with weak price progress or heavier wick rejection. In this condition, moves near support or resistance carry less weight until price closes more cleanly.
Open Interest, Funding, and Positioning
Open interest increased +2.03% in one day, showing fresh leverage entering the market. OI sits near the middle of its 60-day range, so the move adds leverage from a normal base rather than from a stretched one.
Funding is positive on the 24-hour average at +0.005000%, with the 7-day average also positive at +0.005000%. This shows sustained long-side cost pressure across both short and medium windows.
The long/short ratio is 3.43, sitting near the upper side of its 180-day range at 97.18%. This means long accounts are unusually dominant compared with recent history.
Correlation, Beta, and Index Relationship
AEVO shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is strengthening. Over the 60-day window, the relationship is weakening. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.405 | 0.571 | 0.164 | Moderate linkage |
| 60D | 0.394 | 0.527 | 0.155 | Moderate linkage |
| 180D | 0.575 | 0.792 | 0.331 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
AEVO is trading with expanding volatility. ATR% reads 8.42, near the lower side of its full historical range, and Bollinger Band width% reads 31.04, close to the top of its 60-day range. 20-day Volume Z-score is 4.10, showing strong above-normal participation. Range movement, volatility structure, and participation are working together.
ROC14 is +9.21%, while RSI is 50.54 and MACD histogram remains negative. Multi-day acceleration has improved, but the broader momentum picture is still incomplete.
The read is incomplete, so support, resistance, and the daily close matter more than the indicator setup.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. AEVO has a moderate link to that market condition, so market strength can still influence price behavior, while asset specific factors also matter.
Key Levels for the Next State Change
For AEVO, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.02629 USDT establishes a bullish regime, while a daily close below 55-day support at 0.01762 USDT confirms a bearish regime.