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

https://sahmeto.com/message/2914099
Du_Trade
Du_Trade
Rank: 496
3.1
Buy،Technical،Du_Trade

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.

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$0.50211
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