Technical Analysis AVAX/USDT
1D
🔹 23.83 USDT
🔹 Volume (24h): 1.33M AVAX
🔹 Average Volatility: 5.69%
📊 Indicators:
✅ RSI(14): 61.38 - Neutral, but close to overbought.
⚠ MFI(14): 77.51 - Overbought signal, beware of possible corrections.
✅ CCI(14): 10.31 - Neutral, no extreme signals.
⚠ BBands(20,2): Price in normal range, no pressure on bands.
✅ MACD: Bullish crossover, positive momentum.
✅ ADX: Strong bullish trend (above 25).
🔴 Parabolic SAR: Bearish signal, contradicts the overall trend.
✅ MOM(10): Positive, confirming buying strength.
✅ SMA(50): Price above, key support.
📊 VPVR: Volume profile shows interest around 22.11 and 23.82.
📊 Analysis:
- Trend: Bullish in the short term, but with mixed signals (bearish SAR vs. strong ADX).
- Volatility: Moderate (5.69%), controlled movements.
- Patterns: Price breaking local resistance, but with stable (not explosive) volume.
- Supports:
22.11 USDT (VPVR + Ichimoku),
21.07 USDT (EMA 50 and Ichimoku cloud base).
- Resistances:
24.90 USDT (recent high),
26.00 USDT (psychological + upper BB).
🎯 Strategy:
- Scenario 1 (Bullish): If the price holds 23.82 and breaks 24.90 with volume, entry at 24.00. TP1: 25.50, TP2: 26.00. SL: 22.80 (below immediate support).
- Scenario 2 (Correction): If RSI and MFI trigger overbought and the price rejects 24.90, wait for a drop to 22.11. Possible entry at 22.50 with SL at 21.90.
- Scenario 3 (Sideways): Range 22.11-24.90. Trade on rebounds with tight SL.
🔍 Observations:
- The volume does not fully support the movement, lacking confirmation.
- Bearish SAR is a warning, but the ADX suggests that the trend may continue.
- Ichimoku shows thin cloud (21.07-22.11), critical zone to maintain the trend.
#DYOR
- Trading is risky, adjust your management. 🚀
