Technical analysis by FrankFx14 about Symbol AVA: Sell recommendation (5/13/2025)

Price just rejected hard from the major Supply Zone (0.704 – 0.739) — look at that strong bearish reaction after tapping into high-volume resistance. This zone also aligns with a visible peak in the Volume Profile, signaling strong seller interest.What’s happening now?Price is currently trading at 0.673, just below the key resistance.Immediate support sits at 0.606, and a break below that opens the gate to 0.498 (previous demand + high volume node).Momentum looks exhausted after the spike, and the market structure hints at a possible reversal to the downside.Key Zones to Watch:Supply Zone: 0.704 – 0.739Immediate Support: 0.606Major Demand Zone: 0.450 – 0.498Trade Idea:If we see a lower high around 0.680 – 0.700, I’m looking for short opportunities targeting 0.606, and possibly 0.498 if the bearish pressure continues.Bearish confirmation will be stronger once we get a clean break + retest below 0.606.What do you think? Will AVAUSD crash from here or bounce again? Drop your thoughts below!#AVAUSD #CryptoAnalysis #PriceAction #SupplyDemand #VolumeProfile #FrankFx