$AVNT is stuck in a tight range right now, bouncing between $0.35 and $0.36. When an altcoin gets locked in this kind of consolidation, what comes next can be brutal—either direction. The real question is which way the breakout goes. Looking at the technicals, the signals lean bearish. My analysis is pointing toward a potential drop down to $0.32 levels. Sometimes these rangebound periods are just the calm before the storm. Watch this space.
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.
18 Likes
Reward
18
7
Repost
Share
Comment
0/400
Degen4Breakfast
· 01-06 12:24
0.32 is waiting, once it breaks below, there's no hope.
View OriginalReply0
LayerZeroHero
· 01-05 19:58
0.32? It turns out that this kind of oscillating consolidation is just accumulating destructive power. The biggest risk is a false breakout trap... I need to check the on-chain data again to verify your technical analysis.
View OriginalReply0
HilalSafi24
· 01-03 17:12
Niceeeeeeeeee
View OriginalReply0
TokenomicsDetective
· 01-03 16:01
After such a long consolidation, breaking down really requires caution. I also saw 0.32, but it seems like there's a decent chance of pushing upward as well?
View OriginalReply0
BTCBeliefStation
· 01-03 15:49
0.32 is coming again. Will we be able to hold it this time? Let's see what fate has in store...
View OriginalReply0
ChainDoctor
· 01-03 15:41
0.32 still needs to be pushed down; this dish has been held for too long.
View OriginalReply0
TokenTaxonomist
· 01-03 15:32
ngl, consolidation patterns like this are taxonomically interesting but statistically speaking, retail TA on bounces usually misses the bigger ecosystem shifts. let me pull up my spreadsheet real quick—$0.32 might be overshooting the actual support inflection points. data suggests otherwise here.
$AVNT is stuck in a tight range right now, bouncing between $0.35 and $0.36. When an altcoin gets locked in this kind of consolidation, what comes next can be brutal—either direction. The real question is which way the breakout goes. Looking at the technicals, the signals lean bearish. My analysis is pointing toward a potential drop down to $0.32 levels. Sometimes these rangebound periods are just the calm before the storm. Watch this space.