AVAX/USDT Technical Analysis (Daily Chart)
- Point of Interest: Price is currently testing a strong demand zone (highlighted in green) around the $18.74 - $21.76 range.
- Potential Reversal: A bullish reaction from this zone could lead to a price rebound.
- First Target: $30.92, a key resistance level.
- Second Target: $42.89 - $43.08, aligning with previous highs.
- Risk: A breakdown below $18.74 may indicate further downside.
Conclusion:
If AVAX holds above the demand zone, it presents a potential long opportunity towards the first and second targets. However, a close below $18.74 would invalidate this setup.
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- Point of Interest: Price is currently testing a strong demand zone (highlighted in green) around the $18.74 - $21.76 range.
- Potential Reversal: A bullish reaction from this zone could lead to a price rebound.
- First Target: $30.92, a key resistance level.
- Second Target: $42.89 - $43.08, aligning with previous highs.
- Risk: A breakdown below $18.74 may indicate further downside.
Conclusion:
If AVAX holds above the demand zone, it presents a potential long opportunity towards the first and second targets. However, a close below $18.74 would invalidate this setup.
If you enjoy, press the like button.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.