📉 AVAX/USDT - BELOW MA60, BEARISH CONTINUES?
⏰ 09:04 28/08 | Price: $7.513 (+1.68%)
DATA FROM YOUR PHOTO:
- Latest price: $7.513 / Marked: $7.513 / VND: 196,096đ
- High/Low 24h: $7.594 / $7.289
- 24h Volume: 11.77M AVAX / 87.87M USDT
- MA60: $7.537 - PRICE IS BELOW MA60
ANALYSIS:
Chart 08:40-08:55 shows AVAX formed a FOMO peak around $7.59x, then dumped heavily, breaking through MA60 and falling to $7.49. It rebounded slightly to $7.513 but still remains below MA60 $7.537. Vol(AVAX): 10.4K / Vol(USDT): 77.8K, MA(5):12.6K MA(10):19.2K -> Buy volume is weaker than average; red volume at the high.
Today -0.11% / 7 days +4.03% / 30 days +14.58% but 90 days -16.02% / 180 days -13.39% / 1 year -60.94% -> The long-term downtrend still dominates.
PLAN:
- Don’t go Long when below MA60 $7.537
- Short to watch: $7.537 - $7.550 (MA60 + old resistance) / SL $7.594 (24h high) / TP $7.289 (24h low)
- Go Long only if the 1H candle closes above $7.537 with green volume.
Are you waiting for AVAX to $7.289, or going Long again at $7.55? 👇
#AVAXUSDT #Avalanche #AVAX #FuturesTrading $AVAX
⏰ 09:04 28/08 | Price: $7.513 (+1.68%)
DATA FROM YOUR PHOTO:
- Latest price: $7.513 / Marked: $7.513 / VND: 196,096đ
- High/Low 24h: $7.594 / $7.289
- 24h Volume: 11.77M AVAX / 87.87M USDT
- MA60: $7.537 - PRICE IS BELOW MA60
ANALYSIS:
Chart 08:40-08:55 shows AVAX formed a FOMO peak around $7.59x, then dumped heavily, breaking through MA60 and falling to $7.49. It rebounded slightly to $7.513 but still remains below MA60 $7.537. Vol(AVAX): 10.4K / Vol(USDT): 77.8K, MA(5):12.6K MA(10):19.2K -> Buy volume is weaker than average; red volume at the high.
Today -0.11% / 7 days +4.03% / 30 days +14.58% but 90 days -16.02% / 180 days -13.39% / 1 year -60.94% -> The long-term downtrend still dominates.
PLAN:
- Don’t go Long when below MA60 $7.537
- Short to watch: $7.537 - $7.550 (MA60 + old resistance) / SL $7.594 (24h high) / TP $7.289 (24h low)
- Go Long only if the 1H candle closes above $7.537 with green volume.
Are you waiting for AVAX to $7.289, or going Long again at $7.55? 👇
#AVAXUSDT #Avalanche #AVAX #FuturesTrading $AVAX