Technical Analysis and Trade Signal for $AVA
/USDT:
Current Price: $1.3943
Trend: Bullish (Based on 2.27% increase in the last 24 hours)
Key Levels:
Support: $1.3274 (24h Low)
Resistance: $1.4529 (24h High)
Breakout Potential: If price sustains above $1.4529, it could continue to rise.
Trade Signal:
Buy Signal: Consider entering around $1.3943 or near support at $1.3274, as the market shows bullish momentum.
Targets 🎯:
1. Target 1: $1.4132 - Immediate Resistance
2. Target 2: $1.4529 - Next major Resistance (24h High)
3. Target 3: $1.50 - Psychological level and potential breakout zone
Trade Momentum:
Momentum Indicator: Positive, with a +2.27% increase in 24h price. Momentum looks bullish, suggesting upward movement in the near term.
Risk: Watch for potential retracement around the support zone at $1.3274. If price drops below this, the trend could reverse.
Monitor these levels for potential entry points and ensure to adjust stop-loss orders near key support.