$AVA
/USDT Technical Analysis and Trade Signal
Momentum: Bullish
AVA/USDT is showing strong upward momentum with a +16.53% increase in the past 24 hours.
The price broke resistance at $1.45 and is trading near $1.48, indicating potential further upside.
Trade Signal
Entry Point: $1.47 (current level or on minor pullback to $1.45)
Targets 🎯
1. Target 1: $1.55
2. Target 2: $1.62
3. Target 3: $1.75
Stop Loss: $1.40 (below the recent support zone)
Key Indicators
RSI: Trending upwards, showing buying pressure but nearing overbought territory.
MACD: Bullish crossover with increasing histogram, supporting the upward trend.
Moving Averages: Price trading above 20 and 50 EMA, confirming bullish sentiment.
Recommendation: Strong buy on breakouts or pullbacks, but monitor volume and watch for resistance at $1.55.
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