$AVAX AVAX/USD:
💰 💰 💪MARKET Structure 💪 🥰🥰
The current market price is 20.8.12, reflecting a change of +0.12% from the previous close.
Support and Resistance Levels The support levels are at 21.98, 21.86, and 21.72, while the resistance levels are at 22.28, 22.34, and 22.36. The pivot point is identified at 22.15.
Indicators The RSI is at 44.5, indicating a neutral momentum. The ATR is 0.20425, suggesting moderate volatility, with an ADX of 19.44, indicating a lack of a strong trend. The 50-day SMA is 21.8696, and the 200-day EMA is 21.6085, showing a bullish view as the current price is above these levels. The Parabolic SAR indicates an upward trend.
Market Sentiment The market appears bullish above the pivot point (22.15) given the supportive indicators and trend line