$1.6 Breakout Could Push Toward $2.5
The post $1.6 Breakout Could Push Toward $2.5 appeared on BitcoinEthereumNews.com. Key Insights: AVNT forms a falling wedge near $1.17, signaling a possible bullish breakout toward higher levels. Breakout confirmation above $1.6 may push AVNT toward $1.57, $1.77, and $1.95 in short-term moves. Despite a $4M airdrop sybil report, AVNT volume and momentum remain strong with upside potential. AVNT Expansion Ahead: $1.6 Breakout Could Push Toward $2.5 Avantis (AVNT) was trading at $1.18 with a 24-hour trading volume of $2.1 billion. The token has gained 46% in the past 24 hours and has also moved higher over the past week. The price action has attracted attention from traders watching for the next move. The 1-hour chart shows AVNT forming a falling wedge pattern near $1.17. This setup is often read as a bullish reversal, with price compressing before a potential breakout. If confirmed, projections point toward $1.5744, $1.7714, and $1.9555 as possible targets. Technical Setup and Key Levels Price candles are tightening toward the wedge’s apex, suggesting pressure is building. A move above the descending trendline would confirm the breakout and open the way toward higher levels. Holding above current support remains important for this scenario. Rose Premium Signals noted, “$AVNT falling wedge breakout brewing… Momentum is building. If the wedge confirms a breakout, watch for rapid moves toward T1 → $1.5477, T2 → $1.7387.” Traders are also focused on volume as a signal of confirmation. $AVNT Falling Wedge Breakout Brewing⚡️ Price is coiling at the edge of the falling wedge, a classic bullish reversal setup on the 1H chart
The post $1.6 Breakout Could Push Toward $2.5 appeared on BitcoinEthereumNews.com.
Key Insights: AVNT forms a falling wedge near $1.17, signaling a possible bullish breakout toward higher levels. Breakout confirmation above $1.6 may push AVNT toward $1.57, $1.77, and $1.95 in short-term moves. Despite a $4M airdrop sybil report, AVNT volume and momentum remain strong with upside potential. AVNT Expansion Ahead: $1.6 Breakout Could Push Toward $2.5 Avantis (AVNT) was trading at $1.18 with a 24-hour trading volume of $2.1 billion. The token has gained 46% in the past 24 hours and has also moved higher over the past week. The price action has attracted attention from traders watching for the next move. The 1-hour chart shows AVNT forming a falling wedge pattern near $1.17. This setup is often read as a bullish reversal, with price compressing before a potential breakout. If confirmed, projections point toward $1.5744, $1.7714, and $1.9555 as possible targets. Technical Setup and Key Levels Price candles are tightening toward the wedge’s apex, suggesting pressure is building. A move above the descending trendline would confirm the breakout and open the way toward higher levels. Holding above current support remains important for this scenario. Rose Premium Signals noted, “$AVNT falling wedge breakout brewing… Momentum is building. If the wedge confirms a breakout, watch for rapid moves toward T1 → $1.5477, T2 → $1.7387.” Traders are also focused on volume as a signal of confirmation. $AVNT Falling Wedge Breakout Brewing⚡️ Price is coiling at the edge of the falling wedge, a classic bullish reversal setup on the 1H chart
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