AVAX/USDT — Technical Analysis (4H and 1D)

AVAX is trading in correction after the recent peak, testing the intermediate Fibonacci zone.

Trend: Neutral/Sideways. RSI(6) at ~51.8 indicates no clear directional signal, waiting for confirmation.

Main Support: 7.05–7.07 (Fib 0.618). Losing this level may lead to the previous low at 6.72.

Main Resistance: 7.53–7.55 (Fib 0.382). A breakout and hold above opens the path to 7.83.

The asset is waiting for confirmation of a breakout from one of these levels.

⚠️ Notice: Strictly educational analysis, not an investment recommendation. Cryptocurrencies are volatile and involve risks. Do your own research (DYOR).

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