AVNT | Why the price moved and what could come next

📈 What happened

Price bounced from a strong support zone (~0.20–0.27)

Funding Rate was deeply negative, meaning the market was overcrowded with shorts

A wave of liquidations + spot buying triggered a short squeeze

+35% in 24h → momentum driven, not trend-confirmed

📊 Derivatives / Flow data

Money Flow remains negative → smart money has not fully entered

Open Interest is not expanding aggressively → more of a relief rally than a trend reversal

Short-term RSI is overbought

🔍 What may happen next

Scenario 1️⃣: Consolidation or pullback (healthy cooldown)

Scenario 2️⃣: Without volume expansion → fake pump and range continuation

Scenario 3️⃣: Only strong spot inflows can sustain further upside

⚠️ Conclusion

This move is driven more by liquidations and sentiment than fundamentals.

Patience > chasing price.

#AVNT #Binance $AVNT

AVNTBase
AVNT
0.3895
+16.13%