🚀 $AVAX AX Pumping Hard! +13.46% Gain & Breaking Key Resistance! 🔥
$AVAX is making strong moves on the 4H chart, currently trading around $10.362 after tapping a local high of $10.825!
📌 Technical Highlights:
• RSI (6): 78.9 — Currently sitting in overbought territory, showing immense buying pressure.
• Bollinger Bands: Price broken well above the upper band ($10.632), signaling strong bullish expansion.
• MACD: Bullish crossover confirmed with expanding positive histograms (DIF: 0.679 / DEA: 0.504).
• Supertrend & SAR: Both firmly bullish at $9.014 and $9.494, acting as key trailing support levels.
💡 Trader Note: While momentum is strongly in favor of the bulls, the overbought RSI suggests we might see a quick consolidation or retest of the $9.80 – $10.00 psychological area before another push higher.
Are you holding or taking profits here? Drop your targets below! 👇
#BOJRaisesRatesTo31YearHigh AVAX #BOJRaisesRatesTo31YearHigh CryptoTrading #BOJRaisesRatesTo31YearHigh BinanceSquare #BOJRaisesRatesTo31YearHigh TechnicalAnalysis #BOJRaisesRatesTo31YearHigh Altcoins
$AVAX is making strong moves on the 4H chart, currently trading around $10.362 after tapping a local high of $10.825!
📌 Technical Highlights:
• RSI (6): 78.9 — Currently sitting in overbought territory, showing immense buying pressure.
• Bollinger Bands: Price broken well above the upper band ($10.632), signaling strong bullish expansion.
• MACD: Bullish crossover confirmed with expanding positive histograms (DIF: 0.679 / DEA: 0.504).
• Supertrend & SAR: Both firmly bullish at $9.014 and $9.494, acting as key trailing support levels.
💡 Trader Note: While momentum is strongly in favor of the bulls, the overbought RSI suggests we might see a quick consolidation or retest of the $9.80 – $10.00 psychological area before another push higher.
Are you holding or taking profits here? Drop your targets below! 👇
#BOJRaisesRatesTo31YearHigh AVAX #BOJRaisesRatesTo31YearHigh CryptoTrading #BOJRaisesRatesTo31YearHigh BinanceSquare #BOJRaisesRatesTo31YearHigh TechnicalAnalysis #BOJRaisesRatesTo31YearHigh Altcoins
