#AVAX
📌 Current Basic Data
Price: $23.29 (–3.48% in the last 24 hours)
**24 Hour Range:** $22.56 – $24.44
Market Cap: Approximately $9.8 billion
Volatility: 30-day performance gain ~ +30% $AVAX
📈 Last 1 Month Technical Analysis
📊 Trend & Indicator Status
**PocketTrades & Analysis Sources:**
7-day – approximately –4%
30-day +26% performance
**TradingView technical summary:**
Short term Neutral, weekly and monthly basis Sell signals are prominent
**MA / Average View:**
20-day EMA ≈ $22.84 → slightly above the price, offering short-term support. #Write2Earn
🔍 Oscillators & Momentum
RSI: ~neutral – no excessive overvalue
MACD: positive but weak divergence — strong bullish signal is not yet present
ADX: medium trend strength, signal expectation exists. #AvalancheAVAX
⚖️ Support & Resistance Levels
Support: $22.60 – $22.80 (test areas after decline)
Resistance: $24.00 – $24.50 (recent peak levels)
Critical Break: Permanent close above $24.50, targeting $25–$26 in the short term
🧭 Strategic Suggestion
1. Buying the Dip: There may be a reaction buying opportunity in the $22.60–$22.80 region.
2. Resistance Break: If the $24.50–$25 range is exceeded, technical upside potential increases.
3. Stop-loss: Loss cutting can be used on closes below $22.40.