📉SHORT: $AVAX (8H)

#AVAXUSDT | #AVAX | #Avalanche

Current Price $25.54

Market Cap $10.38B

Change 1h +0.18% | 24h -2.50%

Current Indicators:

• RSI: 37 - Neutral 🟠

• MACD: -0 - Bearish 🔴

• EMA: 27 - Below 🔴

Analysis:

AVAXUSDT is shaping up into a Head and Shoulders pattern at a key resistance zone. Watch for a potential bearish reversal that could signal a shift in market momentum. This could lead to a significant move, so stay alert!

Price Targets:

If the pattern confirms, expect a drop towards the support at $23.62. A break below could push prices to around $18.00. Keep an eye out for any bullish invalidation signals above $29.00. 📉

[information purpose only trade with your own analysis]

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$AVAX

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