$AVNT when should I close my buy position ??? 🤔
Key Resistance Zones
Looking at the 1D (daily) timeframe and the price action shown:
Primary Resistance Zone ($0.3800 - 0.4200):
The price is currently testing this area. As seen on your chart, the price at 0.3803 is pushing against the upper Bollinger Band (the yellow line labeled UP: 0.3605). This is a "dynamic" resistance zone. If the price fails to close strongly above this yellow line, it may pull back.
Secondary Resistance ($0.6500 - 0.8000):
Looking further back at the historical "peaks" on your chart, there is a clear area of previous consolidation and price rejection around the $0.6549 mark. This will likely be the next major "ceiling" if the current breakout continues.
Major Psychological Resistance (1.35 and 2.67):
These represent the previous major highs. The $2.6791 peak is the ultimate resistance on this visible chart.$DOLO $Q