Technical Analysis AVAX/USDT
1D
🔹 24.11 USDT
🔹 Volume (24h): 2.37M AVAX
🔹 Average Volatility: 5.62%
📊 Indicators:
✅ RSI(14): 63.26 (Neutral, but close to overbought)
⚠ MFI(14): 82.00 (Clear overbought, possible exhaustion)
✅ CCI(14): 24.15 (Slight bullish trend)
⚠ BBands(20,2): Price within normal range (no extremes)
✅ MACD: Bullish crossover (positive momentum)
✅ ADX: Strong bullish trend
🔴 Parabolic SAR: Bearish signal (contradiction)
🔴 TD Sequential: 2/9 bearish (early warning)
📊 Analysis:
- Trend: Bullish dominance above SMA50 and strong ADX, but with mixed signals (bearish SAR and overbought MFI).
- Volatility: Moderate (5.62%), with ATR at 1.56 USDT. Predictable movements.
- Patterns: No divergences in RSI, but volume does not support the momentum (lack of confirmation).
Supports:
- 23.50 USDT (SMA50 + psychological zone)
- 22.80 USDT (previous support on daily candles)
Resistances:
- 24.80 USDT (recent high)
- 25.50 USDT (upper Bollinger band if price escalates)
🎯 Strategy:
Scenario 1 (Bullish):
If the price exceeds 24.50 with high volume, entry at 24.60. TP at 25.50 (1:2 risk/reward). SL at 23.90.
Scenario 2 (Correction):
If MFI and TD Sequential trigger a correction, wait for a bounce at 23.50 to buy. TP at 24.30. SL at 23.00.
Scenario 3 (Lateral):
Range 23.50-24.80. Trade at the extremes with tight SL.
🔍 Observations:
- The MFI at 82 is a red flag 🚩. Profit-taking may occur soon.
- The bearish SAR contradicts the MACD. Wait for confirmation (daily close above 24.30 to invalidate it).
- Low volume for the current trend: be wary of false breakouts.
⚠️ DYOR
– The market is volatile. Manage risks.
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