AVAX is showing signs of life after rebounding cleanly off a local demand zone near $21 and breaking its recent downtrend line. This structure opens the door to a possible short-term rally — with first resistance sitting near $23.80 and a secondary target at $26.60. However, Stoch RSI is already pushing into overbought, so momentum must sustain or risk another fade.
A retrace to retest the broken trendline and hold would add confluence for longs. If that fails, bulls may get trapped.
📌 Demand bounce
📌 Trendline break
📌 Eyes on follow-through to reclaim higher levels
This is early-stage structure shift — not confirmation yet, but worth watching.
A retrace to retest the broken trendline and hold would add confluence for longs. If that fails, bulls may get trapped.
📌 Demand bounce
📌 Trendline break
📌 Eyes on follow-through to reclaim higher levels
This is early-stage structure shift — not confirmation yet, but worth watching.
Try our strategy optimizer at quanttradingpro.com
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Try our strategy optimizer at quanttradingpro.com
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.