$AVNT is seeing a healthy correction after the recent dip. Pullbacks like this are normal—they allow the market to consolidate, shake out weak hands, and create a stronger base for the next upward move. I’m watching this zone closely because it looks like a strong setup for a long liquidation.

Trade Setup:

Entry Zone: $0.2475 – $0.2490

Target 1: $0.2550

Target 2: $0.2620

Stop Loss: $0.2455

This zone is strong because it aligns with previous support from earlier consolidation and sits near the 0.618 Fibonacci retracement of the recent swing low. Price has reacted here before, forming a clear reaction area where buyers typically step in.

If this level holds, the longs could push toward Target 1 and Target 2. They’re building strength, but the liquidation pressure could accelerate the move if momentum confirms in the next few candles.

I’m keeping a close eye on the $0.2485 area — it’s key to watch whether support holds or if the correction extends further.