$AVNT is up 22.8% in 24 hours, trading at 0.110. This is the top of its 7-day range, with $8M in 24h volume.
The move puts price above its EMA20 (0.104) and EMA50 (0.0988), with RSI(14) at 62. Previous attempts to break 0.116 have been rejected.
The desk's read: given the broader market's Fear rating of 29, this looks like a local pump until it closes above 0.116. If it fails to hold this level, the risk is a reversion to the EMA20.
Can $AVNT hold 0.116?
$AVNT
The move puts price above its EMA20 (0.104) and EMA50 (0.0988), with RSI(14) at 62. Previous attempts to break 0.116 have been rejected.
The desk's read: given the broader market's Fear rating of 29, this looks like a local pump until it closes above 0.116. If it fails to hold this level, the risk is a reversion to the EMA20.
Can $AVNT hold 0.116?
$AVNT