๐จ $AVAX /USDT โ Breakout Brewing or Bull Trap Ahead? ๐ฅ
$AVAX is climbing steadily, now trading near $25.76. With strong support levels and growing volume, is AVAX gearing up for a rallyโor is a reversal on the horizon? Letโs break it down! ๐
๐ Market Overview
๐ Current Price: $25.76
๐ 24h High: $26.53
โ๏ธ 24h Low: $24.52
๐บ Parabolic SAR: $24.25 (Uptrend still intact)
๐ MACD Momentum:
DIF: 0.16 (Bullish pressure increasing)
DEA: -0.04
MACD: 0.20 (Buy signal strengthening)
๐ AVAX Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If AVAX Holds Above $25.50):
Entry: Above $26.00
Targets: $27.50, $29.00, $31.50+
Stop-Loss: $24.20
๐น Bearish Scenario (If AVAX Drops Below $24.20):
Entry: Below $24.20
Targets: $22.80, $21.50, $20.00
Stop-Loss: $25.80
๐ Should You Hold or Sell?
โ Holding above $25.50 = Bullish continuation likely!
โ MACD and RSI (~50.08) indicate balanced momentumโwatch for breakout confirmation!
โ ๏ธ A drop below $24.20 could trigger a short-term sell-off back to $22.80 or lower!
๐ก Pro Tip:
๐ Watch the $26.00 resistanceโif volume supports a breakout, we could see a move toward $30+ quickly!
๐ If price stalls with low volume, caution for a fakeout or quick rejection.
๐ข Whatโs your moveโbuy, hold, or sell? Drop your thoughts below! ๐
๐ฅ LIKE & SHARE if you want more high-conviction setups like this!
