The 4-hour chart shows a bullish breakout above the upper Bollinger Band! 📈 This signals strong upward momentum for $AVAX as buyers dominate.

Key Details:

  • Price Action: Surged from ~18to18to24, breaking out of the consolidation zone.

  • Bollinger Bands: A volatility expansion suggests potential continuation.

  • RSI Alert: Currently at 80 (overbought), so watch for short-term pullbacks or consolidation.

What’s Next?

  • Targets: If momentum holds, retest $26 (previous resistance).

  • Support: A dip could find buyers near 20−20−22 (former resistance turned support).

  • Risk Management: Use a stop-loss below $20 to protect gains.

Pro Tip: Confirm the breakout with a close above $24 and rising volume for higher conviction.

Stay sharp, traders! 🌟

#AVAXUSDT🚀 #Bollingerbands #Breakout #TradingSignals #BinanceSquare

(Not financial advice. Always DYOR.) 🔍