๐จ AVAX Technical Snapshot Amid Rising Geopolitical Risks
With the Israel-Iran conflict and possible U.S. involvement causing market jitters, $AVAX (Avalanche) is on tradersโ radars for potential volatility and opportunity.
๐ Key Levels to Watch:
โข Support: 0.0285 BTC
โข Resistance: 0.032 BTC
โข 50-day MA: 0.029 BTC (acting as short-term support)
โข 200-day MA: 0.033 BTC (major resistance)
โข RSI: ~48 (neutral zone, potential for momentum either way)
โก AVAX hovering near 50-day MA support with RSI neutralโcould stabilize and test resistance if market calms. Watch for a breakout above the 200-day MA for bullish momentum.
๐ก Stay alert โ volatility = risk & opportunity.
Disclaimer: Not financial advice. Always DYOR before trading.
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