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Avntusdtlong

$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.
Long
by persis10t
$AVNT Perform of a bullish pennantWhat the pattern indicates A bullish pennant is a continuation pattern, meaning that it signals the market is likely to continue its current trend after a brief pause. It suggests that the buying pressure that caused the initial rally is gathering strength for another push upward. How to trade the pattern Traders can use this pattern to plan entry and exit points: Entry: A common strategy is to enter a long position (buy) when the price breaks above the pennant's resistance trendline. Profit target: The typical price target for the trade is determined by measuring the height of the initial flagpole and projecting that distance from the breakout point. Stop-loss: To manage risk, a stop-loss order can be placed just below the pennant's lower trendline.
Long
by Crypto-Adda_Official