A new high has been set over $AVA 24 hours.
24h +7.58%, current price 0.298, previous high 0.2948.
Structurally, a new high means there is less overhead supply, so short-term resistance is relatively low; however, if the price quickly falls back below the previous high, beware of a false breakout. How would you sum up your assessment right now in one sentence?
24h +7.58%, current price 0.298, previous high 0.2948.
Structurally, a new high means there is less overhead supply, so short-term resistance is relatively low; however, if the price quickly falls back below the previous high, beware of a false breakout. How would you sum up your assessment right now in one sentence?