$AVNT is currently testing local support after a sharp rejection from the 0.1987 level. Here is the breakdown of the current setup:
Key Support: 0.1850 (Recent wick low).
Key Resistance: 0.1910 (MA 25) & 0.1964 (MA 99).
Trading Plan
Aggressive Entry: Long only if we see a bullish reversal candle at the 0.1850 support zone with an RSI divergence.
Conservative Entry: Wait for a breakout and flip of the 0.1911 (MA 25) into support before targeting 0.1980+.
Bearish Play: If price breaks and closes below 0.1850, expect a slide toward the next psychological level at 0.1800.
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AVNTUSDT
Perp
0.1939
+6.01%
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