The recent trend of AVNT is quite interesting. The price is currently around 0.3589, riding above the 7-hour, 25-hour, and 99-hour moving averages — which are 0.3416, 0.3094, and 0.2715 respectively. The technicals at this position indeed show that long positions are gaining momentum.

The key is whether it can break through the range of 0.367-0.375. Once this recent high is surpassed, the target levels of 0.39-0.42 will truly open up. However, trading is like this; increases also require caution.

Now let's look at the support. The short-term support is in the range of 0.335-0.31 (corresponding to the 7-hour and 25-hour moving averages), and below that is the swing low of 0.2234, which is the real bottom line.

The performance of the trading volume is pretty good – the buying pressure has surged multiple times, and the volume remains at an elevated level. To continue this upward trend, there are two key points: first, the price must hold above the support of the short-term moving average, and second, there needs to be volume support when breaking through the recent high. In the short term, we need to see if the long positions can catch this ball.