📉 $AVAX /USDT – Sideways Chop After Hitting $23+ – Breakout Loading? 📈

Current Price: $22.33 (+2.01%)

24H High: $22.64

24H Low: $21.77

24H Volume: 2.04M AVAX / $45.46M USDT

Market Insight:

AVAX made a push to $23.08 but failed to hold above $23.00, now consolidating between the 25 EMA and 7 EMA around $22.30. Price action is flattening out, suggesting indecision — yet the uptrend structure remains intact.

EMA(7): $22.32

EMA(25): $22.24

EMA(99): $21.64

This tight price range often precedes volatility — a break above $22.65 may trigger momentum.

Outlook:

Upside break above $22.70 could open $23.20–$23.60. Losing $22.00 puts $21.65 back in play as support.

Pro Tip:

Wait for breakout confirmation with volume. Accumulate near $22.00–$22.10 only if price holds the 99 EMA.

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