$AVNT – Testing the demand zone againAfter a prolonged correction from the $1.5 resistance zone, NYSE:AVNT has once again found support at the same demand zone that previously triggered strong reversals.
Price is respecting the green support area around 0.45–0.50
The descending trendline has been tested multiple times, showing weakening bearish pressure
Each time price entered this zone, buyers stepped in with momentum
If NYSE:AVNT manages to hold this area, a potential bounce or short-term recovery could follow.
However, a clean breakdown below 0.45 would invalidate the setup and open the door for deeper downside.
Key levels:
🟢 Support: 0.45–0.50
🔴 Resistance: 1.20–1.50
Watching closely for confirmation of a reversal.
