$AVAX
🚀AVAX has been bouncing back and forth between $23.50 and $15.27, following its old routine—buying near support and running near resistance, very slippery.
However, recently things have been a bit different:
Although the bulls couldn't break through $23.50 in one go,
the bears also couldn't take the opportunity to push it down,
what does this indicate?
Energy is building up, an explosion is near!
💥 What’s next? Let me highlight the key points for everyone!
Once we break through $23.50,
it will complete a double bottom pattern,
aiming directly for $31.73! 🎯
If it fails to perform, and the price turns around and falls below the moving average,
then everyone will need to be patient,
as we might have to grind within a range for a few days again ⚡.
⏰ Now let’s take a look at the 4-hour chart, the recent situation:
For a while, AVAX has been grinding in a narrow range between $21.60 and $23.10,
this situation usually means the bulls are holding back a big move, ready to pump at any time.
🔵 If it breaks through $23.10,
everyone, be careful, it might jump directly to $25 or even higher! 🚀
🔴 But if it falls below $21.60,
it indicates that the bulls couldn't hold back anymore and are starting to retreat,
the price might slide down to $19.50, be careful of missing the opportunity! ⚠️
🧠 To summarize:
Breaking through $23.50 = Target directly at $31.73🔥
Falling below the moving average = Continuing range fluctuations😮💨
Breaking $23.10 on the 4-hour chart = Short-term surge to $25⚡
Falling below $21.60 = Be careful of falling back to $19.50⚠️