### $AVAX /USDT — Support Test After Sharp Sell-Off 📉
I’m watching AVAX/USDT after a sharp drop from the 9.138 area toward 9.106, followed by a small bounce to 9.113. Price is still below the visible MA60 at 9.129, so I’m not treating this recovery as a confirmed reversal yet.
For me, the immediate support zone is 9.105–9.113. If buyers defend it and price reclaims 9.119, a short-term bounce could develop. However, the latest sell-off shows strong downside pressure, so confirmation matters.
📍 Entry: 9.119–9.129, after a confirmed reclaim 🎯 TP1: 9.127 🎯 TP2: 9.134 🎯 TP3: 9.141, only if momentum strengthens 🛑 Invalidation: Below 9.105
If price loses 9.105, I’d step away from the long setup because the visible recent low would be broken, weakening the recovery idea.
The MA60 is slightly above current price and tilting downward. I’d rather wait for AVAX to reclaim resistance than chase this small bounce. Right now, the setup remains tentative, and another rejection could bring sellers back into control.
I’m watching AVAX/USDT after a sharp drop from the 9.138 area toward 9.106, followed by a small bounce to 9.113. Price is still below the visible MA60 at 9.129, so I’m not treating this recovery as a confirmed reversal yet.
For me, the immediate support zone is 9.105–9.113. If buyers defend it and price reclaims 9.119, a short-term bounce could develop. However, the latest sell-off shows strong downside pressure, so confirmation matters.
📍 Entry: 9.119–9.129, after a confirmed reclaim 🎯 TP1: 9.127 🎯 TP2: 9.134 🎯 TP3: 9.141, only if momentum strengthens 🛑 Invalidation: Below 9.105
If price loses 9.105, I’d step away from the long setup because the visible recent low would be broken, weakening the recovery idea.
The MA60 is slightly above current price and tilting downward. I’d rather wait for AVAX to reclaim resistance than chase this small bounce. Right now, the setup remains tentative, and another rejection could bring sellers back into control.