🚨 $AVAX /USDT – Bounce Incoming or Breakdown Brewing?
$AVAX is trading at $22.70 after a -4.98% dip, right near the lower Bollinger Band. Momentum indicators are showing signs of indecision—here’s what to watch next.
📊 Market Overview
📍 Current Price: $22.70
📈 24h High: $23.99
❄️ 24h Low: $22.26
📊 24h Volume:
• AVAX: 2.00M
• USDT: $46.39M
Bollinger Bands (20,2):
• Upper Band: $23.64
• Middle Band: $22.98
• Lower Band: $22.31
MACD:
• DIF: -0.24
• DEA: -0.25
• MACD: +0.01 (Neutral zone—possible shift ahead)
📈 AVAX Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If AVAX Holds Above $22.30):
• Entry: Above $22.80
• Targets: $23.50, $24.50, $26.00
• Stop-Loss: $22.00
🔹 Bearish Scenario (If AVAX Loses $22.00 Support):
• Entry: Below $22.00
• Targets: $21.20, $20.00, $18.70
• Stop-Loss: $23.00
🔍 Market Analysis
✅ Sitting near lower Bollinger Band = Possible bounce/reversal setup
⚠️ MACD neutral = Wait for clear confirmation (volume or price action)
✅ $22.00 is key support—if broken, more downside opens fast
💡 Pro Tip:
If price breaks above $22.98 MB line on volume, momentum shift could target $24+.
Stay alert for false breakouts—volume confirmation is everything.
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