🚨 $AVAX
/USDT – Building Pressure for a Breakout? 📈
$AVAX is trading near $23.62, brushing up against resistance while volume remains steady. Is a breakout towards $25+ in play, or will sellers reclaim control? Let’s break it down!
📊 Market Overview
📍 Current Price: $23.62
📈 24h High: $24.35
❄️ 24h Low: $22.66
💰 24h Vol (AVAX): 2.81M
💵 24h Vol (USDT): 65.95M
📊 Parabolic SAR: $22.81 (Uptrend still holding)
📉 MACD Momentum (Estimated):
DIF: 0.36 (bullish crossover in play)
DEA: 0.18
MACD: 0.36 (momentum building up)
📈 $AVAX Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If Holds Above $23.40):
• Entry: Above $23.70
• Targets: $24.50, $25.30, $26.00
• Stop-Loss: $22.80
🔹 Bearish Scenario (If Falls Below $22.80):
• Entry: Below $22.80
• Targets: $22.10, $21.50, $20.80
• Stop-Loss: $23.70
🔍 Should You Hold or Sell?
✅ Consolidation above $23.40 = bullish continuation
✅ Volume is solid—watch for breakout above $23.88
⚠️ If bulls fail to hold $22.80, a pullback toward $21 is likely
💡 Pro Tip:
🧐 If breaks and holds above $23.88 with volume, it could accelerate quickly
🚫 Low volume breakout = potential bull trap—manage risk accordingly
📢 What’s your take—breakout or fakeout? Share below! ⬇️
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