🔻 $AVAX /USDT – Bearish Pressure Builds Below Bollinger Midline

$AVAX is trading at $23.09, down -11.06% in the last 24 hours. After rejecting near $26, it’s trending near the lower Bollinger Band, reflecting increasing sell-side momentum and fading bullish strength.

📊 Market Overview

Current Price: $23.09

24h High / Low: $25.97 / $22.87

24h Volume:

  AVAX: 4.15M

  USDT: $100.01M

📉 Technical Indicators

Bollinger Bands (20, 2)

  Upper: $24.74

  Middle: $23.60

  Lower: $22.46

  → Price below MB, leaning toward support zone

MACD

  DIF: -0.41

  DEA: -0.40

  MACD: -0.01

  → Mild bearish bias, momentum weakening

📈 AVAX Trade Setups

🔸 Bearish Breakdown Setup

  Entry: Below $22.85

  Targets: $21.80, $20.50

  Stop-Loss: $23.70

🔸 Bullish Reversal Setup

  Entry: $23.10–$23.60

  Targets: $24.80, $25.90

  Stop-Loss: $22.40

⚙️ Market Analysis

Price is hovering near the lower Bollinger Band, signaling downside risk

MACD remains negative, though flattening – watch for crossover signs

Bears dominate while price holds below the $23.60 mid-band resistance

Will AVAX find support near $22.50 or extend the slide further?

Tap follow for real-time setups, macro levels, and tactical trades.

$AVAX

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