Is there an opportunity hidden after the big drop of AVA?
A rebound brewing under the sharp decline!
Short-term strategies help you lock in key points!
Market Analysis
AVA has recently shown a significant pullback, with the bullish forces weakening, but the support below is relatively strong, suggesting potential for a short-term rebound. The overall trend has not completely reversed, but caution is warranted for the risk of further declines.
Support and Resistance Levels
• Support Levels: $1.33, $1.20, $1.10
• Resistance Levels: $1.45, $1.55, $1.65
Short-term Trading Strategies
1. Long Strategy
• Entry Point: $1.33
• Add Position Point: $1.20
• Stop Loss Point: Slightly below $1.10
• Take Profit Targets: First Target $1.45, Second Target $1.55, Third Target $1.65
2. Short Strategy
• Entry Point: $1.45
• Add Position Point: $1.55
• Stop Loss Point: Slightly above $1.65
• Take Profit Targets: First Target $1.33, Second Target $1.20, Third Target $1.10
My Prediction
In the short term, AVA may receive buying support near the support levels, and it is recommended to pay attention to rebound momentum, leaning towards attempting long positions.
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