AVNT is experiencing an increase, with a key breakout level at $1.60, potentially paving the way to $2.5. Let's look at the current state and trader opinions.
Current AVNT Dynamics
AVNT is trading at $1.18 with a 24-hour trading volume of $2.1 billion. The token has gained 46% in the last 24 hours, attracting traders’ attention for the next move.
Technical Parameters and Market Levels
The 1-hour chart shows AVNT forming a falling wedge pattern. If a breakout occurs above $1.60, it may lead to targets of $1.57, $1.77, and $1.95. The market is showing signs of pressure for a breakout.
Community Discussions and Issues
Some users compare AVNT to high-growth tokens, noting its undervaluation. However, concerns were raised regarding the recent $4 million airdrop, questioning data integrity.
AVNT continues to consolidate at $1.17–$1.18 as traders prepare for a potential breakout. Attention is focused on whether this movement will confirm in the coming days.