AVAX bouncing from oversold support with momentum shift.
🟢 $AVAX - LONG
Trade Plan:
Entry: 8.45 – 8.70
SL: 8.05
TP1: 9.25
TP2: 9.85
TP3: 10.60
AVAX is forming a reliable higher-low base on the 4H chart right at a confluence of Fibonacci support and prior demand zone near $8.50, where RSI(14) has generated strong positive divergence while exiting oversold territory. MACD is now printing a bullish crossover with the histogram turning positive and expanding, reinforced by a clear spike in buying volume and rising open interest supported by positive funding rates favoring long holders. This setup aligns perfectly with the emerging reversal pattern after the recent corrective move, positioning AVAX for a high-conviction upside continuation.
What price target are you eyeing for AVAX this week?
Click below for trade 👇
Setup valid as of analysis time. Crypto moves fast — always verify live chart on Binance before entering. DYOR & manage risk!
$AVAX

AVAX
AVAXUSDT
9.34
+3.13%