AVAX / TetherUS

AVAX/USDT 1D Chart

91
Currently 25.86 USDT (+2.42%).
• The price has reflected from support around 22.6 USDT and broke over SMA (average walking).
• You can see an attempt to continue the upward trend - local "mini bull run".

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2. Support and resistance
• Support:
• 24.39 USDT (SMA #1, short -term support).
• 22.60 USDT (strong support - earlier level of consolidation).
• 20.20 USDT (key hole below which the downward trend returns).
• resistance:
• 26.26 USDT (local resistance, currently tested).
• 27.72 USDT (another strong level of resistance).
• 30.95 USDT (key resistance - return to a strong supply zone).

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3. Medium walking (SMA)
• The price was pierced by SMA #1 (red) and SMA #2 (green).
• SMA #5 (blue) is located lower (~ 22.5), which shows that the short -term trend is now stronger than the long -term → bull signal.

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4. MacD
• The histogram begins to grow above line 0.
• The MacD line cut the signal line from the bottom → buy signal.
• The growth moment is developing.

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5. RSI
• RSI ~ 58 → neutral, but close to the "bull" zone.
• Not yet bought out (> 70), so there is space for further increases.

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