Market Update: $AVAAI / USDT
The $AVAAI chart is showing significant short-term volatility. After a period of consolidation, we are seeing a massive "God Candle" forming on the 15-minute timeframe.
🔍 Technical Breakdown:
Current Price: $0.01067 (-9.19% in the last 24 hours).
Impulse Move: The price just spiked from a local bottom of $0.00991 to a high of $0.01073. This suggests a strong surge in buying pressure or a potential short-squeeze in progress.
Volume Activity: 24h Volume is sitting at 3.07B AVAAI, indicating high liquidity and interest in this pair.
Sentiment: Despite the daily percentage being in the red, the immediate trend (AVL indicator) shows a sharp recovery, reclaiming key levels within minutes.
📉 Critical Levels to Watch:
Immediate Resistance: $0.01078. A break above this could lead to a test of the $0.011 zone.
Key Support: $0.01005. Keeping above this level is crucial to maintaining the current bullish momentum.
Order Book: Currently showing a heavy sell-side pressure (69.22% Short vs 30.78% Long), which often acts as a contrarian indicator for further upward movement as "shorts" get liquidated.
