BTC consolidating and AVAX looking for the Breakout ♟️🚀
The market shows interesting movements in the last 24 hours. Here are the key levels to monitor:
Bitcoin:
The main cryptocurrency continues operating in a narrow consolidation range:
$BTC
{future}(BTCUSDT)
Range: $70,505.88 — $71,452.00.
Analysis: The price is compressing. As long as it stays above $70,500, the short-term structure remains bullish.
Avalanche
AVAX presents a high-precision technical setup:
Accumulation Zone: Between $8.92 and $9.20.
$AVAX
{future}(AVAXUSDT)
Critical Level: It is testing $9.20. A solid close above this resistance projects the price directly towards $9.50.
Management Strategy:
Spot: 90% (Accumulation and long term).
Futures: 10% (Taking advantage of the breakout of confirmed levels).
Do you think AVAX will break $9.20 before the daily close? I read your comments.