📉 $AVAX/USDT - Is this the bottom?
Current price: 10.181$ +0.84%
24h high: 10.498$ / 24h low: 9.757$
Massive volume: 18.23M AVAX / 184M USDT
On the 4-hour timeframe, we see a sharp drop from 11.80$ to 9.70$ on a 10M-volume candle, followed by a strong V-shaped rebound to 10.40$ — this is genuine buying activity at support.
Analysis:
AVAX is down 64% and is at a historical demand zone. Volume at the bottom is higher than volume at the top = a sign of accumulation.
Trading plan:
Entry: 10.05 - 10.20$
Target 1: 10.50$ (3%+)
Target 2: 10.85$
Target 3: 11.20$
Stop loss: 9.70$
$AVAX
#ZcashTargetsJanuaryForQuantumResistantPayments #SolanaPlansToCutBlockTimesTo200ms #ReusedBitcoinAddressesHold4.33MBTC #SenBlumenthalProbesCantorFitzgeraldTetherTies #AVAX✈️
Current price: 10.181$ +0.84%
24h high: 10.498$ / 24h low: 9.757$
Massive volume: 18.23M AVAX / 184M USDT
On the 4-hour timeframe, we see a sharp drop from 11.80$ to 9.70$ on a 10M-volume candle, followed by a strong V-shaped rebound to 10.40$ — this is genuine buying activity at support.
Analysis:
AVAX is down 64% and is at a historical demand zone. Volume at the bottom is higher than volume at the top = a sign of accumulation.
Trading plan:
Entry: 10.05 - 10.20$
Target 1: 10.50$ (3%+)
Target 2: 10.85$
Target 3: 11.20$
Stop loss: 9.70$
$AVAX
#ZcashTargetsJanuaryForQuantumResistantPayments #SolanaPlansToCutBlockTimesTo200ms #ReusedBitcoinAddressesHold4.33MBTC #SenBlumenthalProbesCantorFitzgeraldTetherTies #AVAX✈️