$AVA
After the V-shaped reversal, the price formed a bullish flag within which it corrected to the 0.618 Fibonacci level, after which it broke the upper boundary of the descending channel, confirming the end of the correction and the potential continuation of the upward movement.
Entry Point:
$0.6040 — impulse breakout of the inclined resistance level. The price has not moved far from the breakout zone, making the entry safer in terms of risk management.
Growth Potential:
$0.91 — target level calculated based on the height of the flagpole. Coincides with a global resistance zone and the 1.618 Fibonacci level, which enhances its significance.
Stop-Loss:
$0.36 — placed behind the Fibonacci level, the last local minimum, and the broken inclined level, which now acts as support.