Looking at the current AVNT chart, several technical factors suggest a potential move toward the $0.32 support level in the near term. Here's the breakdown:
The token is currently trading around $0.36, where it's encountering notable resistance. This level has proven difficult to break through decisively. More interestingly, there's an unconfirmed RSI Bullish Divergence forming below the $0.33 mark—a pattern that often precedes price movement.
With the Bollinger Band structure pointing lower, accumulation opportunities could emerge if we see a test of $0.32. This support zone represents a key level to monitor for traders positioning ahead of the next impulse.
The setup isn't confirmation of a reversal, but rather identifies the technical confluence worth watching for entry strategies.
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UncleLiquidation
· 01-06 00:16
0.32 support level is a bit interesting. If the RSI bottom divergence explodes, it might directly hit 0.4... But right now, the resistance above is pressing down hard. It's better to wait for a pullback confirmation to be more secure.
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SurvivorshipBias
· 01-05 16:06
You need to hold this position at 0.32, otherwise it will continue to fall further.
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FlashLoanPrince
· 01-03 00:50
0.36 this level really got stuck... need to see if it can drop to 0.32.
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WealthCoffee
· 01-03 00:50
Wait, can the 0.32 support really hold? I feel like it might break straight through...
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RugDocDetective
· 01-03 00:26
It's only interesting if this 0.32 level is broken. For now, just waiting and watching.
AVNT Technical Setup: Preparing for Support Test
Looking at the current AVNT chart, several technical factors suggest a potential move toward the $0.32 support level in the near term. Here's the breakdown:
The token is currently trading around $0.36, where it's encountering notable resistance. This level has proven difficult to break through decisively. More interestingly, there's an unconfirmed RSI Bullish Divergence forming below the $0.33 mark—a pattern that often precedes price movement.
With the Bollinger Band structure pointing lower, accumulation opportunities could emerge if we see a test of $0.32. This support zone represents a key level to monitor for traders positioning ahead of the next impulse.
The setup isn't confirmation of a reversal, but rather identifies the technical confluence worth watching for entry strategies.