$AVAX /USDT Latest Technical Analysis 🚨 📊
$AVAX is trading around $9–10 zone, showing signs of a recovery after a long downtrend 📉➡️📈.
Price recently broke a descending resistance and is now holding above key moving averages a bullish early signal 🚀
Momentum is improving:
RSI: ~55–65 - bullish but not overbought 📊
Price holding near 50 EMA (~$9.9) - strength building
Market structure: Short-term uptrend, long-term still weak ⚖️
Volume is increasing slightly, suggesting buyers are stepping in, but resistance zones are still strong ahead ⚠️
👉 Overall: Short-term bullish recovery inside a bigger bearish structure
🔑 Key Levels
🟢 Support: $9.20 - $9.50
🔵 Strong support: $8.30
🔴 Resistance: $10.50 - $10.80
🚀 Breakout zone: Above $11
📈 Trading Signals
🔹 Buy (Dip Entry)
Entry: $9.20 - $9.60
Target: $10.80 / $12.50
SL: $8.30
🔹 Breakout Trade 🚀
Entry: Above $11
Target: $13 - $15
SL: $10.00
🔹 Short (Scalp) ⚠️
Entry: $10.50 rejection
Target: $9.50
⚡Final read ;
AVAX looks like a reversal-in-progress 🔥 best strategy: buy dips or wait for breakout, avoid chasing resistance zones 🎯
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Click here $AVAX and trade to support me 🙏🏻
