【Can AVAX Touch Bottom and Bounce Back? New Opportunities After JPMorgan's News?】
I saw a message: AVAX Tests December Lows at $12.05 as JPMorgan Crypto News Fails to Spark Rally, feeling like AVAX is about to do something! Wow, this wave of market really makes people love and hate it! To be honest, I'm feeling itchy, but a bit hesitant.
Currently, the price of AVAX is $11.970000, RSI 44.4, clearly in a pullback consolidation phase. From a technical perspective, the support level is at $11.610000, the resistance level is at $12.330000, and the key breakout price is $12.210000. This trend makes me feel that AVAX might be gearing up, but it could also continue to test the bottom. Honestly, my current mood is like dancing on the edge of a cliff, both excited and worried.
My trading plan is as follows: If AVAX can stabilize at the current price and start to rebound, I will consider adding a portion near $12.00, with a stop loss set just below $11.610000. If it can break through $12.210000, then I will prepare to go all in, targeting around $13.00. Of course, if it breaks below the support level, then I can only accept the loss.
Brothers, let's discuss this market! What do you think about the impact of JPMorgan's news on AVAX? Any good suggestions?
📊 Key Price Levels:
• Support Level: $11.610000
• Resistance Level: $12.330000
• Breakout Level: $12.210000
