๐ Market Insight
$AVA is currently trading at $1.6077, testing its critical support at $1.5787. The next move could define the trendโwill we see a bounce or a breakdown?
๐ Bullish Setup (60% Probability)
If buyers step in at the $1.5787 support and push past $1.6500, expect a rally toward:
Target 1: $1.7000
Target 2: $1.7500
๐ก Strategy:
Entry: Buy near $1.5800-$1.6000 if support holds.
Breakout Entry: Buy above $1.6500 after confirmation.
Stop-Loss: Below $1.5700 to minimize risk.
๐ Bearish Setup (40% Probability)
If $1.5787 fails to hold, downside targets are:
Target 1: $1.5000
Target 2: $1.4200
๐ก Strategy:
Short Entry: Below $1.5787 with stop-loss at $1.6000.
Ride the trend toward $1.5000 and beyond.
โ ๏ธ Pro Tip: Watch for volume confirmation before entering trades and keep your risk-to-reward ratio in check.
๐ฅ Decision Time for Traders! Whatโs your moveโwill you play the bounce or ride the breakdown?