$AVAX
/USDT Technical Analysis & Trade Signal
Current Price: $3.1395
Momentum: Strong Bullish (up +308.47%)
Indicators:
Price near Upper Bollinger Band (3.3081) suggests potential overbought conditions.
Strong 24h volume supports momentum.
Trade Signal: BUY (Momentum Trade)
Entry Zone: $3.10 - $3.20
Stop Loss: Below $2.75 (Middle Bollinger Band)
Target 🎯 Levels:
1. Target 1: $3.50 (Recent High/Resistance)
2. Target 2: $4.00 (Psychological Level)
3. Target 3: $4.50 (Momentum Extension)
Momentum Notes:
Monitor for breakout above $3.52 with strong volume for higher targets.
Watch for price retracement toward $2.78 as potential re-entry.
Use trailing stop-loss to lock in profits if the uptrend continues.
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