$AVNT bulls are taking control as price eyes a major breakout
The $AVNT chart on the 1-hour timeframe reveals a strong recovery trend, with the price currently testing key resistance after a significant impulsive move upward. Market structure remains bullish as higher lows continue to form, indicating that buyers are absorbing sell-side pressure efficiently within this consolidation zone. A successful close above the local high of 0.1566 would confirm the continuation of this rally, as increasing volume suggests a potential push toward the next major liquidity targets.
Target 1: 0.1585
Target 2: 0.1650
Target 3: 0.1720