The $AVA /USDT chart on the 4-hour timeframe shows significant volatility. After a strong upward rally that peaked at $3.50, the price has retraced to around $1.97. The current price is consolidating near the 24-hour low of $1.92, which suggests the market is testing support. A breakdown below this level could push the price lower, while a bounce signals potential recovery.
Long Position Entry: Enter around $1.95 to $1.98 if the price shows strong bullish confirmation at support.
Target: $2.40 (first target), $2.75 (second target)
Stop Loss: $1.85 to minimize risk in case of further declines.
Short Position Entry: If the price breaks below $1.92 with strong selling volume, enter a short position.
Target: $1.65 (first target), $1.50 (second target)
Stop Loss: $2.10 to protect against false breakdowns.
Conclusion: Watch for signs of reversal near $1.92 support for a long entry or a confirmed break for shorts. Overall, monitor volume closely to avoid fake moves and manage risk effectively.
#VANAOpening #ETHHits4KAgain #CryptoUsersHit18M #BitcoinKeyZone #BinanceLaunchpoolVANA