HashTagHustler
BANNED
- Nov 30, 2024
- 92
- 65
Since December 2024, AVAX has been trading within a tight range of $32 to $45, with buyers stepping in at dips and sellers taking profits at highs.
Current Outlook:
*/ AVAX is testing the $35 support after dropping below the 21-day SMA. A breakdown could push it to $32, while a rebound may target $45.
*/ Moving averages suggest a sideways trend, with bearish pressure still in play.
Key Levels to Watch:
*/ Resistance: $45, $60
*/ Support: $35, $32
Extended candlestick tails hint at strong buying interest at $35, but bulls need to regain momentum. Traders should watch this crucial level for potential breakouts or further downside.
Current Outlook:
*/ AVAX is testing the $35 support after dropping below the 21-day SMA. A breakdown could push it to $32, while a rebound may target $45.
*/ Moving averages suggest a sideways trend, with bearish pressure still in play.
Key Levels to Watch:
*/ Resistance: $45, $60
*/ Support: $35, $32
Extended candlestick tails hint at strong buying interest at $35, but bulls need to regain momentum. Traders should watch this crucial level for potential breakouts or further downside.