#AVAX/USDT Analysis 📊 (4H Chart – 09 Aug 2025, 14:00 UTC)
AVAX is trading at $24.29, up +2.84% in the last 24H after a strong rally from $21.24. 🚀
Price Action: AVAX is trading at $24.29, slightly down from the recent peak of $24.80 after a strong uptrend from $21.24.
Trend: The last several candles show a clear bullish momentum, but the latest red candle suggests a mild pullback.
Support Levels:
$23.41 (short-term support)
$22.63 (stronger support)
Resistance Levels:
$24.80 (immediate resistance, recent hig
$25.00 psychological barrier
Volume: Recent volume spikes indicate active buying interest, but sellers are starting to appear near $24.80.
MA(5) vs MA(10): The MA(5) is above MA(10), confirming short-term bullish momentum, but the gap is narrowing — which could mean a consolidation period ahead.
Today’s Outlook:
If price breaks above $24.80 with strong volume, buying pressure could push it to $25.20–$25.50.
If price drops below $23.41, short-term selling pressure could bring it down to $22.60.
Possible Plan:
Buy on a breakout above $24.80 with good volume confirmation.
Sell / Take Profit if price struggles near $24.80 again or closes below $23.41.
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