🔥 $AVAX /USDT – Blood in the Streets… or Buy the Dip? 🔻📉
$AVAX is down -8.65% as Layer 1s bleed across the board. But with RSI nearing oversold and price hugging key support, this might be a golden bounce setup.
📊 Market Overview
📍 Current Price: $23.22 (▼ -8.65%)
📈 24h High: $25.98
❄️ 24h Low: $22.92
📊 Volume (AVAX): 4.44M
💵 Volume (USDT): $108.37M
📉 Moving Averages:
MA(7): $23.18
MA(25): $24.23
MA(99): $23.60
📉 RSI(6): 33.58 (nearing oversold)
📈 AVAX Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If AVAX Holds $22.90):
Entry: Above $23.50
Targets: $24.20 → $25.20 → $26.00
Stop-Loss: $22.00
🔹 Bearish Scenario (If AVAX Breaks $22.00):
Entry: Below $21.90
Targets: $21.25 → $20.00
Stop-Loss: $23.00
🧠 Smart Money Perspective:
✅ RSI nearing 30 = prime bounce territory
✅ Price sitting on MA(7) and below MA(99) = decision zone
⚠️ Heavy rejection from $25.98 = sellers still in control unless we reclaim $24.50+
💬 Strategy Tip:
Watch BTC closely — if Bitcoin stabilizes, AVAX could be a high-reward bounce candidate
Use tight stops — volatility remains high on altcoins!
📢 What’s your AVAX game plan? Drop it below 👇
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