1. Summary
$AVAX trades around $24.29, pulled back to the mid-term MA area ~$24.10 after testing $26.77; short-term bias is conditionally bullish — requires 4H volume to confirm continuation.
• price: $24.29. • Watch: institutional/news catalysts and large flows.
2. Combined Analysis
Technically, price returned to MA25/MA99 (~$24.10) with RSI (4H) ~29 (oversold) — suggests a technical rebound is possible but the prior volume spike has not been followed. Key levels: support $24.10 → $22.19, resistance $26.7, extension $30–$32. Sentiment shows FOMO but beware of whale/CEX distribution.
3. Strategy
Entry:
Breakout: probe on 4H close > $26.80–$27.00 with clear 4H volume confirmation.
Pullback: scale-in probes $24.00–$24.50 on wick rejection + reversal candle.
Stop-loss: $21.70 (below structural support).
TP1 / TP2: TP1 = $26.60–$26.80; TP2 = $30.00–$32.00 (trim TP2 to ~$29.00 if volume fades).
Exit triggers: heavy CEX inflows, 4H volume collapse, or negative RWA/partnership news → exit immediately. Use limit/probe orders to minimize slippage.