$AVAX

Moving Averages: 200 SMA (Simple Moving Average): Currently at 27.29, indicating a strong resistance level above the current price, which will act as a barrier to upward movement.

VWAP (Volume-Weighted Average Price): The current VWAP is 26.54, showing that the price is close to the average, which often indicates a balanced buying and selling interest.

RSI (Relative Strength Index): Current RSI: 57.48, suggesting a neutral momentum but with potential for upward movement if it crosses 60.

MACD (Moving Average Convergence Divergence): MACD Line: 0.18 Signal Line: -0.08 Histogram: -0.26 The MACD shows a bullish crossover potential, indicating a possible increase in momentum if the crossover confirms.

Support/Resistance Levels: Support: Found around 24.00, with additional support at the 22.00 level. Resistance: 28.00, which aligns closely with the 200 SMA, marking a significant barrier.

Bullish/Bearish Scenarios: Bullish Scenario: If AVAX can close above the 200 SMA at 27.29 with volume, it may attempt to test the 30.00 resistance level.

Bearish Scenario: A drop below 24.00 could bring AVAX into a downtrend channel, targeting the lower support levels around 22.00.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult a professional financial advisor before making any trading decisions.