🎯🔥🔥🔥 technical analysis for $AVA /USDT with three target levels and trade momentum:
Current Price: $1.8030 (+5.24%)
Resistance Levels:
Target 1: $1.92 (24h High)
Target 2: $2.00 (Next major resistance based on previous price action)
Target 3: $2.10 (Psychological level with potential breakout)
Support Levels:
Support 1: $1.65 (24h Low)
Support 2: $1.55 (Major support level)
Support 3: $1.50 (Critical support zone)
Trade Signal:
Buy Signal: If the price breaks above $1.92 with good volume, it's a strong indication of an upward trend.
Sell Signal: Consider selling if the price approaches $2.00 and shows signs of resistance, especially if there's a failure to break through this level.
Stop Loss: Set a stop loss around $1.65 (Support 1) to limit risk.
Trade Momentum:
The current momentum shows a positive trend with the price increasing by 5.24%.
RSI is likely in a bullish zone (above 50) indicating continuation of upward movement.
MACD shows bullish crossover, confirming momentum is favoring the bulls at the moment.
Recommendation:
Buy at current levels or on a pullback towards support at $1.65–$1.80.
Target for taking profits at $1.92 (Target 1), $2.00 (Target 2), and $2.10 (Target 3).
Risk Management: Use a tight stop loss at $1.65 to protect against sudden reversals.