Alert with $AVAX /USDT! 🚨 Things are getting interesting. The price has been dancing between the high of $21.116 and the low of $20.144, and right now it is at $20.377.
The chart shows us a break of structure (BOS) to the downside, which is a signal to be extra cautious! It seems that the bulls are losing strength and the bears are taking control. The volume, although we don't see it in detail, appears to indicate that the movement has intent.
Watch out for manipulation! With these movements, it's easy for big players to try to shake the market. If it doesn't hold the key support around $20.144, we could see a sharper decline. On the other hand, if it manages to bounce back strongly, the first resistance to overcome would be the level of $20.500 and then the previous high.
Patience and technical analysis will be your best allies. Don't rush!
