$AVA /USDT Analysis: Triple Top Formation Insight
๐ Price Overview:
Current Price: $1.6275 (-1.55%)
Price is approaching a potential triple top formation near resistance levels, signaling a critical decision zone.
๐ก Trade Setup:
Entry Zone: $1.6200 - $1.6400 (Monitor for rejection or breakout)
Targets:
Target 1: $1.6600 (Immediate resistance)
Target 2: $1.7000 (Potential breakout zone)
Stop Loss: $1.5900 (Below key support)
๐ Observation: If the triple top confirms, expect a pullback toward $1.6000. A breakout above $1.6600 with volume signals continued bullish momentum.
๐จ Strategy: Watch for confirmation at resistance. Enter short positions if rejected or go long on breakout with sustained volume.
