$AVA BREAKS CRITICAL SUPPORT – BEARS DOMINATE
$AVA is trading at $0.5212, down -16.61%, reaching a new 24H low. The bearish pressure remains strong, with sellers keeping control as the price struggles to find a bottom.
📊 Key Levels to Watch
🔻 Support: $0.5200 – $0.5000 – A breakdown below could accelerate losses toward $0.4800.
🔺 Resistance: $0.5320 – $0.5500 – Bulls need to reclaim these levels to attempt any recovery.
🎯 Trade Setup – Short Positions Favorable!
📉 Short Entry: Below $0.5250, targeting $0.5200 – $0.5000 – $0.4800.
🚨 Stop-Loss: $0.5400 to manage risk effectively.
⚡ Quick Insights
❌ Bearish Trend Continues – Price remains well below the 99 MA, confirming strong downside momentum.
❌ Lower Lows Forming – Selling pressure is increasing, making a rebound difficult.
❌ No Bullish Confirmation Yet – Recovery is only possible above $0.5500.
📢 Bears remain in control, and AVA could see further downside if key support levels break. Stay alert