$AVA has broken through the 0.4 level and is currently at 0.4017.
Around key price levels, I usually look at three things:
① Closing price: An intraday push above the level doesn’t count; it’s a confirmed breakout only if the price closes above 0.4.
② Retest: Can the price hold near 0.4 on a pullback? If it does, resistance has turned into support.
③ Volume: Did trading volume increase during the breakout? Breakouts without volume are more likely to be reversed.
Just my personal opinion—take it with a grain of salt. This is not advice.
Around key price levels, I usually look at three things:
① Closing price: An intraday push above the level doesn’t count; it’s a confirmed breakout only if the price closes above 0.4.
② Retest: Can the price hold near 0.4 on a pullback? If it does, resistance has turned into support.
③ Volume: Did trading volume increase during the breakout? Breakouts without volume are more likely to be reversed.
Just my personal opinion—take it with a grain of salt. This is not advice.