$AVA

/USDT Technical Analysis and Trade Signal

Current Price: 1.4352 USDT

Key Levels:

Support: 1.2682 (24h Low)

Resistance: 1.6810 (24h High)

Current Price: 1.4352 (slightly above the support level)

Technical Indicators:

RSI (Relative Strength Index): Likely trending upwards (bullish momentum).

MACD (Moving Average Convergence Divergence): Positive crossover, indicating potential upward momentum.

Volume: Strong volume (55.79M AVA in the last 24 hours), suggesting active market participation and bullish sentiment.

Moving Averages: Price is above the 50-period moving average, supporting a bullish trend.

Trade Signal:

Bias: Bullish short-term momentum

Entry: Buy around 1.4300 to 1.4400 range.

Target Levels (🎯):

1. First Target: 1.4900 - Targeting immediate resistance and a potential breakout.

2. Second Target: 1.5700 - If momentum continues, this level represents the next key resistance.

3. Third Target: 1.6800 - Aiming for the 24-hour high and major resistance level.

Trade Momentum:

Momentum: The market is showing signs of bullish continuation with higher trading volume and technical indicators supporting upward movement.

Stop Loss: 1.4100 (just below the current price support), ensuring minimal loss in case of a reversal.

Recommendation: Consider a long position with stop loss at 1.4100 and take profit targets at 1.4900, 1.5700, and 1.6800.

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