$AVA looking weak after that big run.
Pumped hard from 0.27 all the way to 0.42 and now sellers are stepping in. Repeated rejections around 0.39–0.40, momentum fading.
Short bias from here.
Entry zone: 0.370 – 0.380
Immediate support: 0.360
Next target: 0.325
Deeper zone: 0.295 – 0.320
SL: above 0.405
If it loses 0.360 cleanly we could see a deeper pullback. Reclaiming 0.40 would kill the short idea though.
Big rally, but chasing the top is never smart. Watching if 0.36 holds or not.
Pumped hard from 0.27 all the way to 0.42 and now sellers are stepping in. Repeated rejections around 0.39–0.40, momentum fading.
Short bias from here.
Entry zone: 0.370 – 0.380
Immediate support: 0.360
Next target: 0.325
Deeper zone: 0.295 – 0.320
SL: above 0.405
If it loses 0.360 cleanly we could see a deeper pullback. Reclaiming 0.40 would kill the short idea though.
Big rally, but chasing the top is never smart. Watching if 0.36 holds or not.