$$AVA The fall comes from an aggressive correction from the highs of 0.3146, finding a critical zone of high compression at 0.2880.
📊 Technical x-ray:
The RSI(6) on lower timeframes shows levels of deep oversold, an unequivocal sign of exhaustion in the selling pressure in the short term.
The main accounts show a slight bias toward shorts, which leaves the fuel ready for a possible bullish rejection move if buyers defend this base.
🎯 Strategy: Absolute discipline. Closely monitoring the reaction at this support to catch a controlled bounce or waiting for the exact pullback to resistance if we want to align the shorts.
Are you positioned in Long waiting for the breathing space, or do you prefer to surf the drop? I’m reading your analyses in the comments! 📉📈
#AVA #BinanceSquare #CryptoTrading #TechnicalAnalysis #Futures
📊 Technical x-ray:
The RSI(6) on lower timeframes shows levels of deep oversold, an unequivocal sign of exhaustion in the selling pressure in the short term.
The main accounts show a slight bias toward shorts, which leaves the fuel ready for a possible bullish rejection move if buyers defend this base.
🎯 Strategy: Absolute discipline. Closely monitoring the reaction at this support to catch a controlled bounce or waiting for the exact pullback to resistance if we want to align the shorts.
Are you positioned in Long waiting for the breathing space, or do you prefer to surf the drop? I’m reading your analyses in the comments! 📉📈
#AVA #BinanceSquare #CryptoTrading #TechnicalAnalysis #Futures
