AVNT is on the verge of a massive breakdown, with a clear liquidity sweep detected just above the current price of 0.15950, and I'm watching that order block zone like a hawk. The high-time frame is bearish, and the RSI is screaming overbought at 79, which suggests a strong reversal is looming. Volume is 4.2x, indicating a significant amount of interest in this move.
From a technical standpoint, $AVNTUSDT is exhibiting classic signs of a topping pattern, with a clear zone of resistance just above the current price. The SMC Score is a perfect 10.0/10, which tells me that smart money is heavily involved in this trade.
Here are the key trade levels:
- Entry: 0.14670
- Take Profit 1: 0.14151 (RR 3.5x)
- Take Profit 2: 0.13374 (RR 8.7x)
- Stop Loss: 0.14820
I'm shorting AVNT with a 6:1 risk/reward ratio, and I recommend you do the same. Keep a close eye on that order block zone, as a break below could trigger a rapid move down.
Follow my lead and let's ride this wave down.
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