$AVA 🔎 Watching the $0.60 Zone
Price rejection at $0.60 shows sellers defending, but higher lows are still intact — bulls haven’t lost control yet.
Spot Accumulation Setup:
• Entry: $0.555 – $0.560 (current zone)
• TP1: $0.585
• TP2: $0.600 (key resistance retest)
• TP3: $0.635 (if breakout confirms)
• Stop-loss: $0.540
• Invalidation: 4H close below $0.540 = bearish continuation
The rejection wick at $0.60 came with higher volume classic profit taking at resistance. As long as $0.540 holds, structure leans bullish. If momentum pushes through $0.600 with volume, upside could extend to $0.635–0.650 quickly. Failure to hold $0.540, however, shifts focus to $0.525 for base-building again.
