AVA has been trading within a well-defined downward channel for weeks, making consistent lower highs and lower lows. However, price has now broken above the upper boundary of the channel with strong volume and momentum, signaling a potential trend reversal.
Technical Analysis:
Channel Breakout:
Price has successfully closed above the descending trendline (channel top), confirming breakout and bullish intent.
RSI Surge:
RSI has shot past 80, a sign of strong bullish momentum. Short-term pullbacks may occur, but long-term sentiment is shifting.
Higher Lows Forming:
Structure is starting to shift from bearish to bullish, especially with current candle body closings above $0.03016.
Volume Spike:
Notable increase in buying volume, often seen before trend flips in micro caps or small altcoins.
Key Levels to Watch:
Support Zones:
$0.03016 – Key breakout level; should act as support now
$0.02440 – Historical accumulation zone
$0.02100 – Long-term base support
Resistance / Target Zones:
T1: $0.04026 – Local structure and previous consolidation
T2: $0.05550 – Psychological and technical resistance
T3: $0.07971 – Major reversal zone
T4: $0.10185 – Long-term target from macro high
Stoploss:
$0.02400 (close below re-enters channel and invalidates breakout)
Entry Idea:
Accumulation Zone: $0.029–$0.031
This is the ideal area for positioning with minimal risk and a good reward ratio.
Not Financial Advice | DYOR Always
Technical Analysis:
Channel Breakout:
Price has successfully closed above the descending trendline (channel top), confirming breakout and bullish intent.
RSI Surge:
RSI has shot past 80, a sign of strong bullish momentum. Short-term pullbacks may occur, but long-term sentiment is shifting.
Higher Lows Forming:
Structure is starting to shift from bearish to bullish, especially with current candle body closings above $0.03016.
Volume Spike:
Notable increase in buying volume, often seen before trend flips in micro caps or small altcoins.
Key Levels to Watch:
Support Zones:
$0.03016 – Key breakout level; should act as support now
$0.02440 – Historical accumulation zone
$0.02100 – Long-term base support
Resistance / Target Zones:
T1: $0.04026 – Local structure and previous consolidation
T2: $0.05550 – Psychological and technical resistance
T3: $0.07971 – Major reversal zone
T4: $0.10185 – Long-term target from macro high
Stoploss:
$0.02400 (close below re-enters channel and invalidates breakout)
Entry Idea:
Accumulation Zone: $0.029–$0.031
This is the ideal area for positioning with minimal risk and a good reward ratio.
Not Financial Advice | DYOR Always
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Entered and currently up by 17% which makes a profit of around 330% at 20x from entry !!$AVAAI
#AVAAIUSDT
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.