$AVAX / USDT - price analysis:

Very neutral zone, (accumulation) phase.

The short term PA remain bearish and the mid range area will probably be tested and act as support. [18.50 - 18.70$]

Key levels to be monitored:

23.10 [range high]

18.50$ [Mid range]

15.50$ [Range low]

⚠️If it's a bearish accumulation (retest) on the weekly, then a breakout below the range low could lead to a dump toward 9.80 - 10.00$.

💡A daily candle close above 23.20$ is necessary for the bulls to unlock further price increase!

Don't FOMO inside this zone, I recommend you to set limit orders on support. Buy low, sell high!

#avax #trading #AVAX✅