As you can see from the chart resistance has been broken and and support is being reached, the chart looks really nice, AEON is poised for a quick gain up to 0.00060 in the short term.
Fundamental:
AEON is seeing a lot of movement lately, the lead developer is working on a rebase, there's a web wallet that has just been created and the network mining hashrate has doubled in like a month whereas there are seemingly more profitable opportunities for CPU mining than AEON. Someone is betting big on AEON rising and is accumulating via mining.