🔥🔥ANALYSIS AVNT🔥🔥
AVNT explodes with a +96% daily, after the intraday high at 2.47$ e current correction between 2.23-2.27$.
The trend remains strongly bullish above 2.20$, with volumes and RSI still in overbought.
Recommended trading strategy
ENTRY between 2.20 and 2.26$;
TP1 at 2.47$ (retest of the high);
TP2 at 2.65$ (extended swing level);
TP3 at 2.85$ (euphoria zone);
TP4 at 3.10$ (Fibonacci projection).
STOP LOSS at 2.12$
Volatility remains extreme: maximum caution in position management, useful to scale profits.
Please always set the stop loss.
There is a possibility of consolidation between 2.20$ e 2.40$ before a new directional leg.