🌋 $AVAX /USDT – At the Edge of a Breakout or Breakdown?
$AVAX has been hovering near its support at $18.07 and is now trading at $18.40, showing slight bullish pressure after consecutive red candles. The Bollinger Bands are squeezing, hinting at a possible volatility spike.
📊 Market Overview:
24H Range: $18.07 – $18.90
Current Price: $18.40
Mid-Bollinger Level: $18.99 (Resistance)
Volume: 1.91M AVAX
📈 Trade Setup Plan:
🔹 Entry Zone: $18.30 – $18.50
🎯 TP1: $18.95
🎯 TP2: $19.70
🎯 TP3: $20.60
🛑 Stop Loss: $17.95
A breakout above $18.99 (MB) with volume could confirm a short-term trend reversal—watch for confirmation on the 4H close!