$AVA has broken through the 0.25 level and is currently at 0.2525.
Around key price levels, I usually watch three things:
① Close: An intraday move above it doesn’t count; it’s a genuine breakout only if the price closes above 0.25.
② Retest: Can the price hold around 0.25 on a pullback? If so, resistance has turned into support.
③ Volume: Is trading volume picking up during the breakout? Breakouts on low volume are more likely to be false.
#AVA
Around key price levels, I usually watch three things:
① Close: An intraday move above it doesn’t count; it’s a genuine breakout only if the price closes above 0.25.
② Retest: Can the price hold around 0.25 on a pullback? If so, resistance has turned into support.
③ Volume: Is trading volume picking up during the breakout? Breakouts on low volume are more likely to be false.
#AVA