AVA: After a short-term adjustment, is it an opportunity or a trap?

Market Analysis

Recently, AVA has experienced a strong rise and is currently in a correction phase. Market sentiment is becoming cautious, but buying pressure still has potential.

Support and Resistance Levels

• Support Levels: $1.50, $1.40, $1.30

• Resistance Levels: $1.65, $1.75, $1.85

Short-Term Trading Strategy

Bullish Strategy:

• Entry Point: $1.52

• Add Position Point: $1.45

• Stop-Loss Point: $1.28

• Take Profit Targets: $1.65, $1.75, $1.85

Bearish Strategy:

• Entry Point: $1.65

• Add Position Point: $1.75

• Stop-Loss Point: $1.88

• Take Profit Targets: $1.50, $1.40, $1.30

My Prediction

Overall, the bullish strength of $AVA remains strong during the correction, and it may break through the resistance levels again, leaning towards bullish operations, but caution is needed in position management.

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