AVAX 4 hour #AVAX’ #Binance #BinanceTournament #CryptoTradingGuide

General Trend: The medium and long-term moving averages (MA(25) and MA(99)) are also in a downward trend, indicating that the overall market trend is downward.

Support and Resistance: The current support level is around 24.52 USDT. If it falls below this level, further declines may occur. Above, the 27.04 USDT and 30.42 USDT levels appear as resistance points.

RSI: The RSI(6) value is 32.96, which indicates that it is close to the oversold zone. If the RSI falls below 30, this can be considered an oversold signal and a short-term recovery can be expected.

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