AVNT has surged past its key price target at $0.8739 following a strong reversal from recent downtrends. This move was fueled by robust buying pressure on Binance, where it hit a high of $1.0099. Notably, the breakout occurred after the coin cleared support levels and displayed cup and handle patterns commonly observed in technical analysis, further supported by rising volume and bullish candle formations on daily charts. The surge has been driven by increased market momentum, particularly from Binance, which has shown active buying activity. Solvix noted this significant buying activity, with high-volume spikes and green candles suggesting aggressive trading action. While the RSI reading remains above 87, indicating potential overbought conditions, the price’s sustained upward trajectory suggests it may stay elevated in this range. AVNT’s price has more than doubled since hitting a low of $0.44 earlier this month. This dramatic increase has fueled its presence as a notable DeFi token, with strong trading activity, especially in the derivatives space.