$AVAX Breakout or Bull Trap? 📊
No one can stop the sellers now🥸
$AVAX /USDT (4H) pumped +20% to $11.57 and is now testing Resistance at $11.80.
My levels:
🔴 Resistance: $11.80 (24h High)
🟢 Support 1: $10.67 (breakout zone)
🟢 Support 2: $9.53 (24h Low)
As long as price holds above $10.67, bulls are in control. A clean break above $11.80 could open the move towards $12+.
But remember, after a vertical pump, a healthy pullback to $10.67 would be normal. Don't FOMO at resistance.
What's your bias? Long the retest or short the resistance?
#AVAX #crypto #TechnicalAnalysis
No one can stop the sellers now🥸
$AVAX /USDT (4H) pumped +20% to $11.57 and is now testing Resistance at $11.80.
My levels:
🔴 Resistance: $11.80 (24h High)
🟢 Support 1: $10.67 (breakout zone)
🟢 Support 2: $9.53 (24h Low)
As long as price holds above $10.67, bulls are in control. A clean break above $11.80 could open the move towards $12+.
But remember, after a vertical pump, a healthy pullback to $10.67 would be normal. Don't FOMO at resistance.
What's your bias? Long the retest or short the resistance?
#AVAX #crypto #TechnicalAnalysis
