$AVNT just broke through its 4-hour trendline, and the next move is worth watching. Based on technical analysis principles, here's the setup: the coin is expected to retest the broken trendline before pushing toward $0.32—exactly what the TA called. That retest is a classic confirmation pattern before the next leg up. So the play is simple: watch for that retest level as support, then $0.32 becomes your next target. The question is—will it hold and deliver, or does something change the script? What's your read on this move?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
19 Likes
Reward
19
9
Repost
Share
Comment
0/400
AlgoAlchemist
· 01-10 19:51
Sounds like the classic routine again: break the trendline, retest, and the next target. It looks perfect on paper, but in reality? It's hard to say whether 0.32 can hold.
View OriginalReply0
ExpectationFarmer
· 01-10 12:37
Breaking below is one thing, but the key is whether it can hold. The 0.32 price level sounds a bit optimistic.
View OriginalReply0
WenMoon
· 01-07 23:54
Well, I'm a bit optimistic, but I'm just worried about getting trapped again.
View OriginalReply0
BtcDailyResearcher
· 01-07 21:56
Breaking below is one thing, but the key is whether it can stabilize. This wave, it feels like another "sure rise signal."
View OriginalReply0
BearMarketBro
· 01-07 21:55
Breaking below still requires a retest. This trick is old, and I'm just afraid that a single bearish candle will completely invalidate it.
View OriginalReply0
GweiWatcher
· 01-07 21:50
Breaking below and then retesting that pattern, I've heard it too many times. Can it finally come true this time?
View OriginalReply0
ForkTongue
· 01-07 21:50
Breaking below is one thing, but the key is whether it can hold. The 0.32 level is a bit risky.
View OriginalReply0
ImpermanentPhilosopher
· 01-07 21:45
Wait a minute, can this breakout really hold? It feels a bit shaky.
View OriginalReply0
UncleWhale
· 01-07 21:26
Breaking below and retesting this pattern has been seen too many times; the key still depends on whether the trading volume can keep up.
$AVNT just broke through its 4-hour trendline, and the next move is worth watching. Based on technical analysis principles, here's the setup: the coin is expected to retest the broken trendline before pushing toward $0.32—exactly what the TA called. That retest is a classic confirmation pattern before the next leg up. So the play is simple: watch for that retest level as support, then $0.32 becomes your next target. The question is—will it hold and deliver, or does something change the script? What's your read on this move?