AVA/USDT bullish Continuation from demand? Bullish rally

4 Jun

💎 Let us delve into the #AVAUSDT which is currently displaying notable signs of a significant market maneuver. Positioned within a demand zone at $0.7288, #AVA appears poised for a potential upward swing, particularly if it sustains its current momentum. A successful breakthrough from this level could lead to a breach of the descending resistance, paving the way for a challenge against even stronger supply zones.

💎 Reflecting on AVA’s recent historical performance, we observe that it successfully surpassed supply levels, which subsequently transformed into demand. Interestingly, the price completed a retest phase, and at present, it is gearing up to surpass the descending resistance. We recommend exercising patience and waiting for a proper breakout above this resistance level before planning any trades.

💎 As seasoned #AVA traders understand, cryptocurrency markets resemble strategic games. While the current bullish momentum is favorable, it is prudent to have a contingency plan (Plan B) in place. If AVA fails to capitalize on this momentum and begins to decline, consider rallying from a lower demand level situated at $0.6538.

💎 Importantly, should AVA descend below this secondary demand, it signals the need for a strategic reassessment. Traders may need to adjust their bullish perspective and modify trading tactics to align with the evolving market conditions.

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