#Write2Earn $AVAX - ↗️🟩 3X - 5X #bullish setup #LONG ▶️ full #strategy #INVESTIDEAUA @INVESTIDEAUA
🔸Trading Volumes: Down -98.32% from 7-day high to around $468,796.97. Observations show that the upward price trend of AVAX over the past week has been accompanied by a significant decrease in trading volume, indicating a potential divergence where the price increase may not be supported by strong trading activity.
🔸 Capital Flows: Down from 89,178.22 AVAX in the last 7 days to 27,305.62 AVAX, indicating a downtrend. The divergence between the rising AVAX price trend and the falling capital flow trend suggests that despite the reduction in AVAX trading volume, demand remains strong enough to drive the price higher.
🔸 Order Book Depth: The AVAX order book shows slightly higher selling volume at 36,978.57 compared to buying volume at 34,670.26, which could indicate potential resistance to the upward price movement