The currency $AVAX is trying to stabilize above the area of $8.75 after a respectable rebound from $8.43
The current movement shows positive accumulation with RSI above 50 and MACD attempting to give a reversal signal 🔥
Entry scenario: between $8.78 – $8.85
🔹 First target: $8.97
🔹 Second target: $9.10
🔹 Stop loss: $8.65
A clear breakout above $9.00 will open the way to test $9.13 (EMA200)
Can we see a close breakout or will it return to test the support again? 👇
The current movement shows positive accumulation with RSI above 50 and MACD attempting to give a reversal signal 🔥
Entry scenario: between $8.78 – $8.85
🔹 First target: $8.97
🔹 Second target: $9.10
🔹 Stop loss: $8.65
A clear breakout above $9.00 will open the way to test $9.13 (EMA200)
Can we see a close breakout or will it return to test the support again? 👇