💰 Current Price: 0.3126 ( Trend Initiation -8.78%) 📈 Trend: Bearish trend continues but with warning signals! | 116 K-lines have been run 🎯 Tracking Line: 0.3156 (Dynamic Resistance/Stop-Loss Reference) Key Levels: Support: Current Price / 0.3099 (Previous Low) Resistance: 0.3156 / 0.3352 / 0.3419
Strategy: MACD shows strong bullish divergence! But the price is still below all key levels. Is this a bold **bull trap** or a death charge? For those looking to gamble on a reversal, consider small long positions at the current price with strict adherence to the 0.3099 as a lifeline. Conservative traders should continue to observe and wait for the price to strongly break above the tracking line 0.3156 before considering. Risk: Divergence may occur multiple times. If the price falls below the previous low of 0.3099, the downside space may open again🚨
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📊 $AVNT 15-Minute Technical Overview
💰 Current Price: 0.3126 ( Trend Initiation -8.78%)
📈 Trend: Bearish trend continues but with warning signals! | 116 K-lines have been run
🎯 Tracking Line: 0.3156 (Dynamic Resistance/Stop-Loss Reference)
Key Levels:
Support: Current Price / 0.3099 (Previous Low)
Resistance: 0.3156 / 0.3352 / 0.3419
Strategy: MACD shows strong bullish divergence! But the price is still below all key levels. Is this a bold **bull trap** or a death charge? For those looking to gamble on a reversal, consider small long positions at the current price with strict adherence to the 0.3099 as a lifeline. Conservative traders should continue to observe and wait for the price to strongly break above the tracking line 0.3156 before considering.
Risk: Divergence may occur multiple times. If the price falls below the previous low of 0.3099, the downside space may open again🚨