🧐 The AVAX MA Crossover: Decoding the 4h Chart!
Heads up, traders! The $AVAX/USDT 4-hour chart is giving us some classic technical signals. Notice how the short-term MA(7) at $15.03 has successfully crossed above the mid-term MA(25) at $14.43 and is now challenging the long-term MA(99) at $14.69.
This is a huge momentum shift! Moving Average convergence is often a precursor to a larger move. We’re currently hovering right at the 24h high of $15.17, which is a key resistance flip zone. If the volume follows through, this could be the start of a serious leg up. Don't trade without a plan—this is a pivotal moment for Avalanche.
AVAXUSDT
Perp
14.56
+7.04%
#TechnicalAnalysis #AVAXUSDT #MovingAverage #Binance #CryptoNews