Price just rejected hard from the major Supply Zone (0.704 – 0.739) — look at that strong bearish reaction after tapping into high-volume resistance. This zone also aligns with a visible peak in the Volume Profile, signaling strong seller interest.
What’s happening now?
Price is currently trading at 0.673, just below the key resistance.
Immediate support sits at 0.606, and a break below that opens the gate to 0.498 (previous demand + high volume node).
Momentum looks exhausted after the spike, and the market structure hints at a possible reversal to the downside.
Key Zones to Watch:
Supply Zone: 0.704 – 0.739
Immediate Support: 0.606
Major Demand Zone: 0.450 – 0.498
Trade Idea:
If we see a lower high around 0.680 – 0.700, I’m looking for short opportunities targeting 0.606, and possibly 0.498 if the bearish pressure continues.
Bearish confirmation will be stronger once we get a clean break + retest below 0.606.
What do you think? Will AVAUSD crash from here or bounce again? Drop your thoughts below!
#AVAUSD #CryptoAnalysis #PriceAction #SupplyDemand #VolumeProfile #FrankFx
What’s happening now?
Price is currently trading at 0.673, just below the key resistance.
Immediate support sits at 0.606, and a break below that opens the gate to 0.498 (previous demand + high volume node).
Momentum looks exhausted after the spike, and the market structure hints at a possible reversal to the downside.
Key Zones to Watch:
Supply Zone: 0.704 – 0.739
Immediate Support: 0.606
Major Demand Zone: 0.450 – 0.498
Trade Idea:
If we see a lower high around 0.680 – 0.700, I’m looking for short opportunities targeting 0.606, and possibly 0.498 if the bearish pressure continues.
Bearish confirmation will be stronger once we get a clean break + retest below 0.606.
What do you think? Will AVAUSD crash from here or bounce again? Drop your thoughts below!
#AVAUSD #CryptoAnalysis #PriceAction #SupplyDemand #VolumeProfile #FrankFx
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅JOIN FREE SIGNALS t.me/frankfxforextrade
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.