$AVA /USDT ALERT: Price Struggles After Rejection – Rebound or Further Drop?
Current Price: $0.6668
$AVA has pulled back 3.77%, falling from its 24-hour high of $0.6975. The price found short-term support at $0.6422 before bouncing back slightly.
Key Levels to Watch
Support: $0.6550 – Holding this level is critical to prevent another dip to $0.6400.
Resistance: $0.6750 – A breakout above could lead to a push toward $0.6900.
Trade Setup
Long Entry: Above $0.6750, aiming for $0.6900 and $0.7050.
Short Entry: Below $0.6550, targeting $0.6400 and $0.6250.
Stop Loss: $0.6850 for longs, $0.6620 for shorts.
Market Insights
Volume is steady, indicating ongoing market interest.
MACD remains neutral, suggesting consolidation before the next move.
A break above $0.6750 could trigger a stronger rebound, while failure to hold $0.6550 may lead to further downside.