Twin Tulips
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Bullish
📉 $AVA /USDT Technical Analysis (1H Timeframe) 📊
🔹 Current Price: $0.6300 (-3.43%)
🔹 24H High: $0.6592
🔹 24H Low: $0.6284
🔹 24H Volume: 2.12M AVA
📌 Technical Indicators & Signals:
🔸 Moving Averages (MA):
• MA (7): 0.6339 (Short-term)
• MA (25): 0.6416 (Medium-term)
• MA (99): 0.6438 (Long-term)
• Bearish Crossover Alert: The 7-day MA has crossed below the 25-day MA, signaling a downtrend continuation.
🔸 Price Action & Trend:
• AVA faced resistance at $0.6801 before dropping.
• The price is currently trading below all key moving averages, which suggests bearish momentum.
• Continuous lower highs and lower lows confirm a downtrend.
🔸 Support & Resistance Levels:
• Immediate Support: $0.6284 (24H Low)
• Key Resistance: $0.6416 (25-day MA)
• If AVA breaks below $0.6284, the next support zone could be $0.6200-$0.6150.
📢 Trading Signals:
✅ For Short Sellers:
• If price fails to reclaim $0.6339 (7-day MA), shorting on retests with a target of $0.6200-$0.6150 could be a good strategy.
• A stop loss above $0.6416 (25-day MA) to minimize risk.
❌ For Long Traders:
• A breakout above $0.6416 with strong volume could indicate bullish recovery, targeting $0.6500+.
• Look for confirmation with bullish candles before entering long positions.
📉 Overall Bias: Bearish – AVA is in a short-term downtrend, and traders should be cautious unless a reversal signal emerges.
⚠️ Disclaimer: This is not financial advice. Always do your own research before making any trading decision.
#AVA #TWIN_TULIPS
🔹 Current Price: $0.6300 (-3.43%)
🔹 24H High: $0.6592
🔹 24H Low: $0.6284
🔹 24H Volume: 2.12M AVA
📌 Technical Indicators & Signals:
🔸 Moving Averages (MA):
• MA (7): 0.6339 (Short-term)
• MA (25): 0.6416 (Medium-term)
• MA (99): 0.6438 (Long-term)
• Bearish Crossover Alert: The 7-day MA has crossed below the 25-day MA, signaling a downtrend continuation.
🔸 Price Action & Trend:
• AVA faced resistance at $0.6801 before dropping.
• The price is currently trading below all key moving averages, which suggests bearish momentum.
• Continuous lower highs and lower lows confirm a downtrend.
🔸 Support & Resistance Levels:
• Immediate Support: $0.6284 (24H Low)
• Key Resistance: $0.6416 (25-day MA)
• If AVA breaks below $0.6284, the next support zone could be $0.6200-$0.6150.
📢 Trading Signals:
✅ For Short Sellers:
• If price fails to reclaim $0.6339 (7-day MA), shorting on retests with a target of $0.6200-$0.6150 could be a good strategy.
• A stop loss above $0.6416 (25-day MA) to minimize risk.
❌ For Long Traders:
• A breakout above $0.6416 with strong volume could indicate bullish recovery, targeting $0.6500+.
• Look for confirmation with bullish candles before entering long positions.
📉 Overall Bias: Bearish – AVA is in a short-term downtrend, and traders should be cautious unless a reversal signal emerges.
⚠️ Disclaimer: This is not financial advice. Always do your own research before making any trading decision.
#AVA #TWIN_TULIPS
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.