$AVAAI /USDT LONG TRADE SETUP
$AVAAI is consolidating after a significant retrace from the local high of 0.01270, and is currently trading at 0.01146. The price action on the 15-minute chart shows the selling pressure is easing, and the price is finding support around the 0.01117 level. A clear wick rejection was seen at the low of 0.01086.
This consolidation suggests that buyers are stepping in, and a move back to re-test the recent high is probable if the current support holds.
Target Points
Based on the overhead resistance and retracement targets:
TP1: 0.01178 (Immediate consolidation resistance break)
TP2: 0.01239 (Mid-range between current price and high)
TP3: 0.01280 (Slightly above the recent high for continuation)
Stop Loss
Set stop loss just below the key support from the recent low to protect against a trend reversal:
Stop Loss: Set stop loss below 0.01080
Action
Buy and Trade here on $AVAAI
at market or on a confirmed move above 0.01150.
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