$AVNT is not breaking out. It's being chased.
That's the trap. 🧨
Price is up 12.49% to $0.1288, but volume is only 0.3x the 20-day average while RSI sits at 72. Price is pinned at the 30-day high, longs are paying funding, and everyone is calling the bullish MA stack confirmation.
I don't buy it. Even $XRP had cleaner follow-through than this kind of thin push.
At $0.13, I’m taking profit, not adding. Let the chart prove it can hold the breakout first. 🔥
#AVNT #Trading #Crypto
That's the trap. 🧨
Price is up 12.49% to $0.1288, but volume is only 0.3x the 20-day average while RSI sits at 72. Price is pinned at the 30-day high, longs are paying funding, and everyone is calling the bullish MA stack confirmation.
I don't buy it. Even $XRP had cleaner follow-through than this kind of thin push.
At $0.13, I’m taking profit, not adding. Let the chart prove it can hold the breakout first. 🔥
#AVNT #Trading #Crypto