The $AVNT /USDT chart shows a strong upward movement, with the price surging from around $0.2818 to $0.3619, gaining over 26%. The volume is rising, supporting the price action, and the price is holding above key moving averages, indicating bullish momentum.
Entry Points:
You could enter at the current price of $0.3619 or wait for a pullback to around $0.3550 for a better entry point.
Stop Loss:
Set your stop loss below the recent low at $0.3276 to minimize risk if the price reverses.
Take-Profit Levels:
First TP at $0.3700, just below the recent high.
Second TP at $0.3800, targeting the next resistance level.
Third TP at $0.3900 or higher if the bullish momentum continues.
With the strong price action and increasing volume, there's potential for further upside. However, be cautious of any pullbacks and adjust your stop loss to secure profits. It looks like a good buy opportunity, but make sure you're prepared for potential retracements.
AVNTUSDT
Perp
0.3476
+1.13%