📊 AVNT surged strongly from the support zone 1.45 – early signs of a reversal are appearing

After a strong sell-off, AVNT has shown a positive reaction by bouncing back from the hard support zone of 1.45. This is an important signal indicating that the buyers are gradually regaining control. If the recovery momentum continues and the price surpasses the short-term resistance of 1.60, the reversal trend may be confirmed, opening up significant growth opportunities in the short term.
🔎 Technical analysis
- Important support zone: 1.45 – where the buying power appears strongly, helping the price to bounce back.
- Short-term resistance level: 1.60 – the price level that buyers need to conquer to trigger a new upward wave.
- Market momentum: showing signs of leaning towards the buying side after a deep decline.
📝 Trading plan (Long Idea)
- Entry Zone (Entry Zone): 1.55 – 1.60
Take Profit (:
- Target 1: 1.80
- Goal 2: 2.00
- Objective 3: 2.10
- Dừng lỗ )Stop Loss(: 1.45 – dưới vùng support then chốt, nhằm bảo toàn vốn khi kịch bản xấu xảy ra.
💡 Insights & Strategies
This is an opportunity to buy according to the "buy the dip" strategy )buy when the price adjusts to support(. However, the factor of patience is key: it is necessary to wait for a clear breakout above 1.60 to confirm a sustainable uptrend. At that point, the possibility of forming a strong rally towards the upper resistance zones is entirely feasible.