Here’s a clear and concise analysis of the AVAX trading data you shared:
📌 AVAX (Avalanche) — Intraday Trading Analysis
🔹 Current Price
$15.80
≈ Rs 4,435.21
+1.87% (mildly bullish)
🔹 24h Range
High: $15.86
Low: $15.27
Price is currently near the upper side of the range, showing strong buyer support.
🔹 Volume
AVAX Volume: 1.23M
USDT Volume: $19.17M
Good liquidity — suitable for active trading.
🔹 Orderbook Snapshot
BINANCE prices:
Bid side: 15.81 → 15.78
Ask side: 15.82 → 15.84
This shows:
Tight spreads → healthy market
Slight buying pressure (bids close to the current price)
🔹 MA60 (60-period Moving Average)
MA60: 15.82
Current price: 15.80
Price is almost exactly at the MA60, meaning:
📌 Market is in short-term equilibrium—neither strongly bullish nor bearish yet.
🔹 Recent Movement
Last traded volume: 3.99K
Time: 2025-11-16 | 15:29 → 15:46
Price fluctuating between 15.76 – 15.84
This indicates range-bound sideways action.
📈 Technical Outlook
Bullish if:
Price breaks above 15.86, then next targets:
16.05
16.30
Bearish if:
Price breaks below 15.76, next support:
15.62
15.45
Strong support at 15.27 (24h low)
Current Bias:
👉 Neutral to slightly bullish, as price holds just under MA60 and near resistance.
📊 Suggested Trading Plan
(Not financial advice — just market structure guidance)
For Short-Term Traders
Buy zone: 15.70 – 15.76
Target: 15.90 – 16.00
Stop-loss: 15.62
For Breakout Traders
Buy only if candles close above 15.86 with volume confirmation.
For Dip Buyers
Best accumulation zone is 15.27 – 15.45
If you want, I can also provide:
✅ Next 4h and 1D trend outlook
✅ Support/resistance chart
✅ Entry/exit points based on RSI, MACD
✅ Risk management based on your capital size
Just tell me!
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