💎 AVAX/USDT — Potential for a Long is Forming
The AVAX coin is demonstrating a confident recovery after reaching a local bottom at $20.56. On the 4-hour chart, the price broke above MA(5) and MA(10), and the RSI rose to 58, indicating a sustained buying momentum, but without overheating.
📈 Current Price: $22.75
🔹 Resistance: $23.2 and $24.7
🔹 Support: $21.7 and $20.5
🔹 RSI (14): 58.2 — Neutral-Bullish
🔹 Volumes — Stable, but without spikes
If the asset holds above $23.2 — this may signal a continuation of the upward movement.
⚠️ It makes sense to place a stop below $21.7 to protect against false breakouts#AVAX✅
AVAXUSDT
Perp
14.42
-3.02%
BTCUSDT
Perp
92,321
-1.41%