🔻 $AVAX /USDT – Bearish Pressure Builds Below Bollinger Midline
$AVAX is trading at $23.09, down -11.06% in the last 24 hours. After rejecting near $26, it’s trending near the lower Bollinger Band, reflecting increasing sell-side momentum and fading bullish strength.
📊 Market Overview
Current Price: $23.09
24h High / Low: $25.97 / $22.87
24h Volume:
AVAX: 4.15M
USDT: $100.01M
📉 Technical Indicators
Bollinger Bands (20, 2)
Upper: $24.74
Middle: $23.60
Lower: $22.46
→ Price below MB, leaning toward support zone
MACD
DIF: -0.41
DEA: -0.40
MACD: -0.01
→ Mild bearish bias, momentum weakening
📈 AVAX Trade Setups
🔸 Bearish Breakdown Setup
Entry: Below $22.85
Targets: $21.80, $20.50
Stop-Loss: $23.70
🔸 Bullish Reversal Setup
Entry: $23.10–$23.60
Targets: $24.80, $25.90
Stop-Loss: $22.40
⚙️ Market Analysis
Price is hovering near the lower Bollinger Band, signaling downside risk
MACD remains negative, though flattening – watch for crossover signs
Bears dominate while price holds below the $23.60 mid-band resistance
Will AVAX find support near $22.50 or extend the slide further?
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