🔍 Quick Analysis of AVAXUSDT – 4 Hour Frame

Current Price: $20.75

24-Hour High: $21.11

24-Hour Low: $20.15

📉 The price is still below the Exponential Moving Average EMA(99) at $22.43, indicating a continuation of the medium-term downtrend.

📊 MACD shows a slight crossover towards the upside, but the indicators are still in the negative area (DIF = -0.556, DEA = -0.623), reflecting weak upward momentum so far.

📈 RSI(6) is at 49.5, which is close to the midpoint, indicating no clear overbought or oversold conditions.

📍 The price bounced from the local bottom at $19.76, and we may see an attempt to test the nearby resistance at

$21.1

$22

🟢 Important Numbers:

The nearest support is at $19.75

The nearest resistance is at $21.1

A clear break of the EMA is needed for more positivity.