AVAX % PUMP ALERT ⚠
Coin name- #AVAXUSDT🚀
Signal type- Long
The AVAX/USDT chart shows a bearish pullback after a strong rally, consolidating near $40.88. RSI at 48 indicates neutral to slightly bearish momentum. The price is testing support levels, with lower highs suggesting selling pressure. A breakout above $42 signals bullish recovery, while further breakdown risks bearish continuation. Volume confirmation is key.
Based on the chart, Bitcoin appears to be trading within an ascending channel, indicating a generally bullish trend in the long term. However, short-term price action shows consolidation near the resistance zone, with RSI near neutral. Indicators suggest potential for bullish continuation, but confirmation is needed above key resistance.
The BTC.D chart shows consolidation after a sharp recovery, forming a symmetrical triangle near resistance. RSI is neutral at 51, indicating indecision. If dominance breaks upward, it signals bullish continuation. However, rejection at resistance and triangle breakdown could lead to bearish sentiment. Confirmation from volume is crucial for direction.
The TOTAL3 chart shows a descending wedge pattern, which is typically bullish if confirmed by a breakout above the resistance line. RSI at 53 indicates neutral momentum, with slight upward potential. Consolidation near the wedge's lower boundary suggests a critical breakout or breakdown scenario. Volume confirmation is crucial for clarity.
Entry Price- 40.96
T/P-43
JOIN MY LIVE FOR PREMIUM SIGNALS