$AVA AVA/USDT Trading Signal - Sharp Drop at Critical Support
Current Price: $1.2500
EMA Trends:
EMA(7): $1.3171
EMA(25): $1.3635
EMA(99): $1.4036
Observation:
AVA/USDT has dropped 12.19% in the past session, with significant bearish momentum. The price hit a 24-hour low of $1.2302, breaking below all EMAs. This suggests further downside risk unless a recovery above EMA(7) occurs.
Potential Strategy:
Entry Range: $1.2400 - $1.2600
Targets:
Target 1: $1.3000 (EMA(7) Retest)
Target 2: $1.3600 (EMA(25) Retest)
Stop Loss: $1.2100
Key Insights:
If AVA/USDT holds the $1.2400 support, it may attempt a short-term recovery toward EMA levels. Monitor volume closely for confirmation. Secure partial profits at $1.3000 and move stop-loss to breakeven upon achieving Target 1. Failure to hold $1.2400 could lead to further declines.
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