The Avantis price has stopped free falling and is now compressing between a clear support zone below and heavy resistance overhead. Buyers have stepped in at this demand area before and for now it continues to hold.
Above price sits a major resistance zone tied to prior breakdown structure and high volume. Every push into this area has been rejected so far. This is the level that needs to be reclaimed for momentum to shift.
At the moment this looks more like consolidation than continuation.
If support holds price can continue ranging and attempt to form a higher low. A clean reclaim of resistance would open the door for a larger relief move. Losing support would put downside continuation back in play.
This is a patience zone. Confirmation matters more than anticipation. Watching to see which side breaks first.
Above price sits a major resistance zone tied to prior breakdown structure and high volume. Every push into this area has been rejected so far. This is the level that needs to be reclaimed for momentum to shift.
At the moment this looks more like consolidation than continuation.
If support holds price can continue ranging and attempt to form a higher low. A clean reclaim of resistance would open the door for a larger relief move. Losing support would put downside continuation back in play.
This is a patience zone. Confirmation matters more than anticipation. Watching to see which side breaks first.
Check me out btdcrypto.com/links/
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Check me out btdcrypto.com/links/
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。