#AVAX UPDATE 05/07
AVAX may be forming a bottom, but it has not yet given a reversal signal. Volume remains weak, and there is no significant capital inflow.
🚀 Medium and long-term operation.
🔴 Downward trend.
🟢 Objective: To be well positioned for a rise.
REMEMBER:
Support: 14 | 10
Resistance: 21 (updated) | 25.6
Aggressive entry: 17.0 (short stop.) - Already taken ☑️
Conservative entry: 14.3 - Already taken ☑️
New ENTRIES: Ideally, wait for a return below 14.3 with a short stop. If the asset shows buying strength, 18 - 17 are options for aggressive entries.
Partial: 23 | 25.4 | 30.7
Target Point (Medium Term): 44 (updated)
‼️ Activate the alarm for partial price alerts, go to the chart and activate the "alert".
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