$AVNT Sharp Expansion Into Supply Suggests Possible Retracement
$AVNT on the 4-hour timeframe has recently experienced a strong impulsive rally after forming a local base near the 0.145 region. The move developed rapidly as buyers stepped in aggressively, driving price sharply higher toward the 0.190–0.195 resistance zone. This area represents a significant higher-timeframe supply region where the market previously encountered strong selling pressure.
The impulsive nature of the rally indicates that a large amount of liquidity was captured during the move, particularly from short positions positioned below the previous consolidation range. However, the strong rejection wick near the upper boundary suggests that sellers are beginning to re-enter the market at this higher resistance level.
Current price action around the 0.170–0.175 region indicates that the market is stabilizing after the rapid expansion. This behavior often occurs after strong impulsive moves when price temporarily consolidates before determining the next direction.
If selling pressure continues to build from the supply zone, AVNTUSDT could retrace toward the 0.150–0.155 demand region where the previous consolidation base formed. A reaction from that zone would be consistent with a typical retracement following a strong liquidity-driven expansion.
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