$AVNT is stabilizing after the sharp expansion from the 0.2390 reaction low and price is now consolidating below the 0.2942 local high. I am watching this closely because buyers stepped in aggressively from the demand zone and drove a strong impulsive move. The 15m candles are now compressing into a short consolidation which shows profit taking without heavy selling pressure.
Entry Point
0.2710 – 0.2620
Target Point
TP1: 0.2845
TP2: 0.2920
TP3: 0.3050
Stop Loss
0.2380
It is possible because pullbacks toward the 0.2600 area are getting absorbed quickly and sellers are unable to force a deeper retrace. As long as AVNT holds above this base the move toward 0.2845 becomes the natural first step before momentum attempts continuation toward the highs.
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AVNT
0.2648
+9.46%