$AVAAI /USDT LONG TRADE ALERT 🔥
✅ Entry: $0.02974
✅ Target 1: $0.03150
✅ Target 2: $0.03400
🛑 Stop Loss: $0.02900
🚀 Why Go Long on $AVAAI?
✅ Sharp recovery from bottom support
✅ Bullish breakout from downtrend channel
✅ Heikin Ashi candles flashing green strength
✅ Volume building + momentum shift
This setup is signaling a potential short-term trend reversal after forming a solid base at the lows. A confirmed breakout above $0.03030 could ignite a fast move toward the $0.03400 range.
From the chart you’ve provided for $AVAAI/USDT (4H, Heikin Ashi) — the price action shows a "Double Bottom with Bullish Reversal" pattern forming. Let’s break it down:
📌 Pattern Identified: Double Bottom + Falling Wedge Breakout
✅ Key Components:
Double Bottom Formation (marked by the two "L" lows):
Price tested a strong horizontal support zone twice and failed to break lower.
This indicates selling pressure exhaustion and the potential for reversal.
Falling Wedge (green and red descending trendlines):
A classic bullish reversal pattern.
Price was consolidating lower within narrowing bounds.
Breakout to the upside confirms bullish momentum shift.
Bullish Heikin Ashi Candles:
Long green candles post-breakout = strong buying momentum.
EMA resistance being challenged:
Price is attempting to flip the red EMA from resistance into support — a bullish continuation signal if successful.
🔍 Conclusion:
This is a bullish reversal setup, primarily combining:
A Double Bottom at horizontal support.
A Falling Wedge breakout pattern.
Confirmation with volume and momentum.