$AVAX
/USDT — Strong Breakout Setup
AVAX is showing strong bullish momentum on the 1D chart, with price around 10.62 after a sharp move higher.
📈 Key observations:
Price is trading well above MA(7), MA(25) and MA(99)
Recent candles show strong buying pressure
Volume has increased significantly during the breakout
Resistance: 10.82–11.00
Support: 10.15, then 9.30
A daily close above 10.82–11.00 could provide confirmation of further strength.
A rejection from this area could bring a pullback toward the nearby support zones.
⚠️ After such a strong move, volatility can remain high. I’d watch confirmation rather than chase the candle.
Still learning. Still watching. 📊
Follow for more simple chart-based crypto analysis.
Not financial advice. Personal market observation only.
/USDT — Strong Breakout Setup
AVAX is showing strong bullish momentum on the 1D chart, with price around 10.62 after a sharp move higher.
📈 Key observations:
Price is trading well above MA(7), MA(25) and MA(99)
Recent candles show strong buying pressure
Volume has increased significantly during the breakout
Resistance: 10.82–11.00
Support: 10.15, then 9.30
A daily close above 10.82–11.00 could provide confirmation of further strength.
A rejection from this area could bring a pullback toward the nearby support zones.
⚠️ After such a strong move, volatility can remain high. I’d watch confirmation rather than chase the candle.
Still learning. Still watching. 📊
Follow for more simple chart-based crypto analysis.
Not financial advice. Personal market observation only.
