$AVAAI : Massive Breakdown — Bears in Control!
Direction: Short (Bearish)
Entry: 0.009334 (Current Market Price)
Target (TP): 0.007843 (Recent 24h Low)
Stop Loss (SL): 0.009968 (Near MA25 Resistance)
👉Reasoning:
The price has crashed heavily by over 30%, breaking below key Moving Averages (MA7, MA25, MA99). It is currently facing strong resistance on the 1-hour chart and shows no signs of a strong reversal, indicating further downside momentum toward the recent lows.
Direction: Short (Bearish)
Entry: 0.009334 (Current Market Price)
Target (TP): 0.007843 (Recent 24h Low)
Stop Loss (SL): 0.009968 (Near MA25 Resistance)
👉Reasoning:
The price has crashed heavily by over 30%, breaking below key Moving Averages (MA7, MA25, MA99). It is currently facing strong resistance on the 1-hour chart and shows no signs of a strong reversal, indicating further downside momentum toward the recent lows.