AVNT Under Pressure at $0.31 – Can Bears Hold the Squeeze Below $0.40?

At press time, Avantis (AVNT) was trading at $0.31, down 4.59% in 24 hours but still maintaining a 34% weekly gain from earlier strength. Open Interest surged 74%, signaling intense speculative positioning. However, a deeply negative Funding Rate reveals a critical imbalance: short positions are heavily overcrowded, creating potential powder for a short squeeze upward.

The Turning Point: Downtrend May Be Breaking

AVNT hit an all-time high of $2.67 weeks after launch, then collapsed 87% into a downtrend that dominated since October’s market crash. The decisive moment came when price broke above the previous downtrend resistance at $0.334 on elevated volume—daily trading volume jumped 265% at one stage.

Capital flow indicators are turning green. The Chaikin Money Flow (CMF) climbed to +0.22, confirming institutions and smart money are accumulating. Technical setups on the daily timeframe are aligning: the Awesome Oscillator is near a bullish crossover, suggesting momentum could accelerate.

$0.384 and $0.40 Are in the Crosshairs

The big question traders are asking: where does AVNT head next? Coinalyze data points to a tight liquidity cluster between $0.384 and $0.40—these zones contain dense liquidation levels that could act as magnetic resistance. Hitting these targets in the near term is highly probable given the current momentum.

Once this overhead supply clears, the squeeze could push further north. However, not everyone agrees on follow-through—a sharp pullback and liquidation of longs after hitting these pockets remains a realistic scenario.

Where Smart Money Is Watching

CMF is flashing a subtle bearish divergence against price, hinting that a mild pullback could materialize before the next leg up. This makes $0.333 and the $0.30 demand zone (from the daily chart imbalance) prime areas for dip-buyers to add exposure.

If AVNT climbs through $0.384 smoothly, bulls have $0.48 in their crosshairs as the intermediate target. The failure level is clear: a break below $0.28 would invalidate the bullish thesis and force consolidation.

Bottom Line

Avantis, the Base chain’s decentralized exchange for real-world assets, has broken free from multi-week downtrend structure. The negative Funding Rate and short overcrowding create asymmetric risk for a squeeze. Whether it reaches $0.40 depends on whether bulls can digest the $0.384–$0.40 resistance cluster—and early evidence suggests they’re pressing the advantage.