EmmaCalls
--
Bearish
$AVAX Struggling at Support – Breakdown Looming?
$AVAX is currently trading at $21.98, showing clear weakness after multiple failed bounce attempts. Sellers are gaining control, and a breakdown looks dangerously close.
Key Levels to Watch:
Resistance Zone:
• $22.20 – $22.60
Recovery above this zone could offer short-term relief, but the trend remains weak unless bulls reclaim it quickly.
Support Zone:
• $21.90 – $21.50
If this zone breaks down, we could see sharp selling pressure accelerate.
Trade Setup – Stay Cautious:
Bearish Scenario:
Entry on breakdown below $21.90
• TP1: $21.50
• TP2: $20.80
• Stop-Loss: Above $22.20
Bullish Scenario:
Entry on breakout above $22.60
• TP1: $23.00
• TP2: $23.50
• Stop-Loss: Below $21.90
Volume spikes with each dip suggest growing bearish momentum. Stick to strict stop-losses and avoid guessing bottoms without confirmation.
#BinanceAlphaPoints
#MarketRebound
#BTCvsMarkets
$AVAX is currently trading at $21.98, showing clear weakness after multiple failed bounce attempts. Sellers are gaining control, and a breakdown looks dangerously close.
Key Levels to Watch:
Resistance Zone:
• $22.20 – $22.60
Recovery above this zone could offer short-term relief, but the trend remains weak unless bulls reclaim it quickly.
Support Zone:
• $21.90 – $21.50
If this zone breaks down, we could see sharp selling pressure accelerate.
Trade Setup – Stay Cautious:
Bearish Scenario:
Entry on breakdown below $21.90
• TP1: $21.50
• TP2: $20.80
• Stop-Loss: Above $22.20
Bullish Scenario:
Entry on breakout above $22.60
• TP1: $23.00
• TP2: $23.50
• Stop-Loss: Below $21.90
Volume spikes with each dip suggest growing bearish momentum. Stick to strict stop-losses and avoid guessing bottoms without confirmation.
#BinanceAlphaPoints
#MarketRebound
#BTCvsMarkets
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
AVAX
23.79
+1.88%
BTC
116,706
-0.63%