$AVAX Technical analysis of the digital currency 📊✨
The market is currently witnessing an adjustment phase within the upward trend.
A significant bottom was recorded at 17.4125 in June 2023, followed by a fluctuating upward movement that reached
A high of 55.7844 in early December 2024. The current price is 43.0988
Important trading levels👌
📉 Main support areas:
35.50
33.606
📈 Main resistance areas:
51.99
55.78
Technical analysis 📋
1️⃣ Trading volume
Trading volume has witnessed a clear phased pattern, reaching a daily peak of 743,400 coins
in early December, but has recently declined to 251,900 coins, indicating a state of caution
among traders.
2️⃣ Moving Averages:
The moving average system still reflects an upward trend, but shows a gradual weakening
in momentum.
To follow the analysis, please read the full article😉