🔄 $AVAX /USDT – Testing MA Support After Rejection at $17.74
AVAX is currently trading at $17.56, showing signs of weakness after a strong push toward $17.74. It faced resistance and is now hovering near its MA(99) at $17.54, acting as key short-term support.
The price dropped below the MA(25) and MA(7), indicating momentum fading in the short term.
Trade Setup:
Entry: $17.56
TP1: $17.68
TP2: $17.80
TP3: $17.95
SL: $17.45
Takeaway: Watch for a bounce from the 99MA zone. A strong recovery above $17.65 may signal another retest of the highs.