$AVNT just recently underwent a brief liquidation at $9.0438K for $0.36424. I consider this correction healthy — after a prolonged rise, a pullback is necessary to flush out weak positions and allow the market to consolidate before the next upward move. Such corrections often present the best opportunity for entry with defined risk.
Trading Setup:
Entry Zone: $0.3610 – $0.3660
Target 1: $0.3750
Target 2: $0.3860
Stop-Loss: $0.3580
Previously, $0.362–$0.366 acted as a reaction zone several times, providing reliable support. This also aligns with the 0.382 Fibonacci retracement from the last minimum to the maximum, making this zone highly probable for buyers.
AVNTUSDT
Perp
0.367
+23.36%