📉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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