$AVNT has delivered a clean and powerful breakout after a long period of tight consolidation.
Price respected the base perfectly absorbed all selling pressure and then exploded upward with strong volume and wide bullish candles.
This kind of vertical move usually signals aggressive buyer dominance and as long as price holds above the breakout zone continuation remains highly probable.
Momentum is clearly in favor of bulls right now.
Trade Setup
Entry Range: 0.3920 – 0.4000
Target 1: 0.4150
Target 2: 0.4300
Target 3: 0.4500
Stop Loss (SL): 0.3560
AVNT
0.3265
-0.79%