🌟 AVAX/USDT – brief analysis
💰 Current price: 24.20 USDT (+3.77% in the last hour)
📈 Trend and price movement
Recent rise after a drop from the minimum of 22.19 USDT 🔼
EMA(7) = 24.10, EMA(25) = 23.94, EMA(99) = 24.25 → short-term bullish trend 🐂
The price is close to the EMA, confirming the potential for continued growth upon breaking through the nearest resistances 🚀
📊 Technical indicators
MACD: 0.05 (line) > 0.04 (signal) → weak bullish momentum 🟢
Stochastic RSI: 71.90 / 69.99 → approaching overbought territory ⚠️
RSI: 14 = 58.17, 7 = 65.06 → neutral zone with a slight bullish inclination 👍
📦 Volume
24-hour volume: 2.50 million AVAX / 59.24 million USDT → moderate activity 🔄
🛡 Key levels
Support: 23.50 – 23.80 USDT 🟢
Resistance: 25.50 – 26.77 USDT 🔴
🎯 Possible entry points
Aggressive position: from current levels 24.15 – 24.25 USDT with targets 25.50 and 26.77 🐂
Conservative position: after a confident breakout of 25.50 USDT 🟢
🎯 Targets and alternative options
Main targets: 🎯TP1 = 25.50
🎯TP2 = 26.77
Short targets / partial position closure: 24.80 – 25.00 USDT ⚡
🔮 Overall forecast
AVAX shows signs of recovery with a short-term bullish trend 🐂. However, it is important to consider the resistance level of 25.50–26.77.