Here's a technical and market breakdown for $AVAX
/USDT (Avalanche):
๐ AVAX/USDT Market Snapshot
๐ Metric ๐ข Value
๐ต Last Price $24.041
๐บ 24h High $24.159
๐ป 24h Low $22.846
๐ 24h Volume (AVAX) 12.63 Million AVAX
๐ฐ 24h Volume (USDT) $296.44 Million
Price in INR โน6,800.96
๐ 24h Change +4.81% ๐ข
---
๐ Technical Indicators
๐งฎ Indicator ๐ก Value ๐ญ Interpretation
๐ Vol (Current) 170,841 Moderate market activity
๐ข MA(5) 228,588 Price within range of short-term average
๐ข MA(10) 345,831 Still above support โ bullish near-term bias
---
๐ Support & Resistance Levels
๐ด Resistance
$24.159 (24h high)
$24.438
$24.534
๐ข Support
$23.696
$23.277
$22.859
$22.535
$22.439 (critical support)
---
๐ฎ Trend & Sentiment
โ AVAX is currently bullish, breaking above previous resistance of ~$23
๐ Price is holding above both MA(5) and MA(10), signaling strength
๐ Watch for consolidation near $24.15โ24.45 zone before a potential breakout or retracement
---
๐ฏ Trade Setups
๐ Bullish Continuation
Entry: Above $24.20
Target: $24.75 โ $25.50
Stop-Loss: $23.60
๐ป Short-Term Pullback
Entry: If price breaks below $23.25
Target: $22.85 โ $22.40
Stop-Loss: $23.70
---
๐ Summary
AVAX/USDT is showing healthy upside momentum, but itโs nearing resistance.
Traders should be cautious near $24.50 unless volume spikes confirm continuation.
Ideal buy zone on dip: $22.40โ22.80
Short-term breakout above $24.20 could trigger a rally to $25+
Would you like a candlestick chart or a visual support/resistance map to go with this?
#AVAX #AVAXUSD #AmericaAIActionPlan #Write2Earn #TradingSignals