$AVA is currently standing at a very interesting pivot point in the market. My eyes have been glued to it for the past hour. We witnessed a sharp drop from 0.3265, but what excites me is the excellent reaction $AVA showed from the 0.3194 "Demand Zone." This is the spot where the buyers decided, "Enough is enough!"
🔍 Market Analysis: The Signals That Go Unnoticed!
A powerful narrative is unfolding on the 15-minute chart:
The Power of Rejection: The small wicks at the bottom of the candles formed during the drop are clear evidence that sellers tried to break that level but failed every time. This is an indication of a lack of supply.
Building a Base: The price is stabilizing within a tight range. In the market, this is called "Consolidation" or "Basing"—it's the calm before the storm, where buyers are accumulating their strength.
Structural Shift: The most crucial signal is that AVA is no longer making Lower Lows. Instead, the price is attempting to form a Higher Low. This change in market structure is the first step toward a potential Trend Reversal.
If AVA manages to hold the 0.3200 psychological level as support, consider the bounce-back preparations complete.
