Technical analysis by Du_Trade about Symbol AVA: Buy recommendation (10/22/2024)

It is clear that the price is moving within a descending channel, which is often considered a bullish formation. The current support zone is highlighted in blue and is approximately around $0.50. From this level, the price has the potential to rise, with key resistance levels as follows:$0.5490 (+9.01%)$0.6000 (+18.87%)$0.6483 (+28.73%)A breakout from this wedge to the upside could lead to significant growth, so it is important to monitor these resistance levels closely.