🚀 $AVAX /USDT – SELL-OFF REVERSAL! BULLS EYEING A STRONG RECOVERY TOWARD $7.75?
$AVAX is trading at $7.149 (-7.38%), showing a sharp bearish move followed by a recovery bounce from the 24H low of $6.743. On the 1H timeframe, price is attempting to establish a short-term base, but the overall structure still shows bearish pressure with lower highs. Immediate support stands at $6.743, while resistance is forming around $7.30–$7.40. A strong 1H breakout above this zone with increasing volume could trigger bullish momentum toward $7.629 and $7.759. However, rejection at resistance or a breakdown below $6.743 could expose AVAX to another bearish leg. Watch for a volume-backed breakout and confirmation candles before entering a long position. ⚡
#AVAX
$AVAX is trading at $7.149 (-7.38%), showing a sharp bearish move followed by a recovery bounce from the 24H low of $6.743. On the 1H timeframe, price is attempting to establish a short-term base, but the overall structure still shows bearish pressure with lower highs. Immediate support stands at $6.743, while resistance is forming around $7.30–$7.40. A strong 1H breakout above this zone with increasing volume could trigger bullish momentum toward $7.629 and $7.759. However, rejection at resistance or a breakdown below $6.743 could expose AVAX to another bearish leg. Watch for a volume-backed breakout and confirmation candles before entering a long position. ⚡
#AVAX
