🚨 $AVAX /USDT – Reversal Zone or Bear Trap? 🔥
$AVAX just dipped below key moving averages, tagging a 24h low of $21.09. With momentum fading, is a bounce incoming—or is deeper downside on the way? Let’s break it down!
📊 Market Overview
📍 Current Price: $21.84
📈 24h High: $24.35
❄️ 24h Low: $21.09
📊 Moving Averages:
MA(7): $21.78
MA(25): $22.73
MA(99): $23.23
📈 RSI(6): 35.06 (Bearish but nearing oversold zone)
📉 MACD Momentum:
DIF: TBD
DEA: TBD
MACD Histogram: TBD
(MACD values not available—update if provided)
📈 AVAX Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If AVAX Holds Above $21.70):
Entry: Above $22.00
Targets: $23.00, $23.80, $24.50+
Stop-Loss: $21.00
🔹 Bearish Scenario (If AVAX Falls Below $21.00):
Entry: Below $21.00
Targets: $20.50, $19.80, $18.90
Stop-Loss: $22.00
🔍 Should You Hold or Sell?
✅ RSI suggests selling pressure is cooling—bounce possible
✅ Price at MA(7) — could act as pivot point
✅ If $21.00 fails, bears could gain full control
💡 Pro Tip:
🚀 Look for a breakout above $22.75 (MA25) with high volume to confirm a bullish reversal
⚠️ Low volume = weak bounces and likely further downside
📢 What’s your AVAX play—buy the dip or wait for strength? Drop your thoughts below!
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