🪙 Analysis and Monitoring of Currency $AVAX (Avalanche) – Buying Opportunity Take Advantage of the Drop and Enter from the Bottom ⚡️
🔹 Current Purchase Price: 11.9
🎯 Targets:
🎯 First Target: 13
🎯 Second Target: 14.5
🎯 Third Target: 16
🛑 Stop Loss: 11.2
📌 Let's Talk a Bit About the Currency:
$AVAX is one of the strong projects in the blockchain world focusing on speed and low fees, and it has a smart system for running DeFi and NFTs applications, with many large projects operating on its network, which always keeps it present in the market.
📊 Key Technical Indicators:
• RSI Indicator in the neutral zone and gives room for upward movement.
• MACD Indicator close to a positive signal indicating an improvement in momentum.
• Trading volume is relatively calm and suggests a consolidation phase.
• The short-term trend direction has started to stabilize after a wave of decline.
💡 Advice:
Entry should be gradual and do not invest all the liquidity at once, and always have a clear plan.
⚠️ Alert:
Any clear break of the level 11.2 requires adhering to the stop loss because the market is unforgiving
