$AVL- $0.14262 (-4.63%)
Market Overview: A significant drop (-4.63%) on a relatively lower volume ($29.29M) suggests weakness or profit-taking pressure. Bears are in control for the very short term.
Key Support & Resistance:
Support: $0.1380 (Critical Support), $0.1300 (Lower Demand Zone)
Resistance: $0.1460 (Immediate Retest), $0.1510 (Trend Reversal Line)
Next Move: Price is approaching a crucial support zone. We need to see a strong reaction and consolidation around $0.1380 to prevent further downside.
Trade Targets (If $0.1380 Fails):
TG1 (Short): $0.1350
TG2 (Short): $0.1280
Short & Mid-Term Insight: Short-term bearish; risk of further decline is high if $0.1380 is broken. The mid-term outlook remains neutral until the price can reclaim $0.1510.
Pro Tip: DO NOT attempt a long entry until a clear bullish candlestick forms on the daily or 4-hour chart, or until it has re-tested and bounced from $0.1300. Patience is key.
