📈 Altcoin $VVV — continuation of the downside move
📊 Technical analysis
Price is currently trading within a corrective structure and is approaching the upper boundary of a descending trendline, which is acting as dynamic resistance.
Overbought conditions and RSI divergence indicate a potential rejection from this area, suggesting a continuation of the corrective move to the downside.
Key horizontal levels remain intact, and the overall market structure favors a short-term pullback before any new directional move develops.
⚠️📉 Altcoin $ENSO — corrective move within a bearish structure
📊 Technical analysis
The overall market structure remains bearish. Price is trading below a descending trendline, which continues to act as dynamic resistance. The recent upside move appears corrective after a prior decline. Price is currently testing a key horizontal resistance zone around 0.67–0.68, where selling pressure has previously emerged. Failure to break and hold above this level increases the probability of a downside continuation toward the lower support area.
🚨📉 Altcoin $AVNT — corrective move after a strong rally
📊 Technical Analysis.
After a prolonged bearish phase, price formed an ascending channel and delivered a strong impulsive move. The current price action shows overextension near the upper boundary of the channel, with a reaction from the Fibonacci expansion zone (0.786–1.0). Momentum is weakening near resistance, suggesting a corrective pullback.