$AVA has lost the 0.35 level. Two possible scenarios next:
① It rebounds but fails to reclaim 0.35 → the level turns into resistance, with the 24h low of 0.3164 as the first downside target.
② It quickly reclaims 0.35 → this was probably just a wick, and short positions could end up getting squeezed instead.
I’m paying closer attention to how the first rebound plays out.
#AVA
① It rebounds but fails to reclaim 0.35 → the level turns into resistance, with the 24h low of 0.3164 as the first downside target.
② It quickly reclaims 0.35 → this was probably just a wick, and short positions could end up getting squeezed instead.
I’m paying closer attention to how the first rebound plays out.
#AVA