$AVA 4H Setup | LONG 📈
AVA is showing a strong 4H recovery, but the next resistance will decide whether this move has real follow-through.
Price is around $0.2473, trading above the MA(7) at $0.2300 and MA(25) at $0.2244, while the recent 4H low near $0.2162 is acting as an important support zone. The chart also shows a sharp rebound from that area.
The bigger catalyst is the recent Bithumb KRW listing, which triggered a major volume spike and a sharp AVA move. But after such volatility, chasing the candle is risky.
My Take: I prefer a LONG only while AVA holds the $0.2400–$0.2470 area. The order book shown in the screenshot has slightly higher sell-side depth, so confirmation matters.
$AVA
🎯 TP1: $0.2614
🎯 TP2: $0.2792
🎯 TP3: $0.3000
🛑 SL: $0.2160
A clean 4H close above $0.2614 with strong volume would strengthen the setup. Losing $0.2160 invalidates this idea.
Would you wait for the breakout or take the pullback entry?
#AVA #AVAUSDT #Binance #Altcoins #XRPExchangeReservesHitSevenYearLow
AVA is showing a strong 4H recovery, but the next resistance will decide whether this move has real follow-through.
Price is around $0.2473, trading above the MA(7) at $0.2300 and MA(25) at $0.2244, while the recent 4H low near $0.2162 is acting as an important support zone. The chart also shows a sharp rebound from that area.
The bigger catalyst is the recent Bithumb KRW listing, which triggered a major volume spike and a sharp AVA move. But after such volatility, chasing the candle is risky.
My Take: I prefer a LONG only while AVA holds the $0.2400–$0.2470 area. The order book shown in the screenshot has slightly higher sell-side depth, so confirmation matters.
$AVA
🎯 TP1: $0.2614
🎯 TP2: $0.2792
🎯 TP3: $0.3000
🛑 SL: $0.2160
A clean 4H close above $0.2614 with strong volume would strengthen the setup. Losing $0.2160 invalidates this idea.
Would you wait for the breakout or take the pullback entry?
#AVA #AVAUSDT #Binance #Altcoins #XRPExchangeReservesHitSevenYearLow
