$AVNT is currently trading at 0.3584 USDT, showing an impressive growth of +18% over the last 24 hours. Trading volume is high, confirming market interest in the Avantis token — the native asset of the largest DeFi-perp DEX on Base with trading RWA and crypto with leverage up to 500x.
Technical Analysis:
RSI on the 24h timeframe — 58.19, indicating a moderate bullish momentum without signs of overbought conditions (neutral zone). After a recent dump from ATH ~$2.66, the token has consolidated, and the current pump may be the beginning of a recovery amid the growing TVL of the protocol and listings. Support is in the 0.32–0.34 zone, resistance — 0.40–0.42. High volatility (typical for alts) requires caution.
Prospects: Bullish scenario — continuation of growth to 0.45–0.50 while holding above 0.35, thanks to staking rewards and ecosystem development. Bearish — a pullback to 0.30 if the market cools down.
Trading plan:
• Bullish: Entry $AVNT at 0.36 (or current). TP1: 0.40 (+11%), TP2: 0.45 (+25%). SL: 0.35 (3% below entry).
• Bearish (short): Entry on breakout $AVNT down at 0.34. TP: 0.30 (-12%). SL: 0.36 (5%).
Risk no more than 1–2% of the deposit! Move SL to breakeven at +5–10%.
What do you think? Share your predictions in the comments! 👇
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