The overall trend ofAVAXUSDT on the 4H timeframe shows signs of a potential bullish reversal, as a higher low has formed around the 20.40 support level after a strong downtrend. Currently, the price is ranging between the key support at 20.40 and the resistance at 23.10. A breakout above 23.10 could push the price toward the next major resistance at 24.40, which is a critical decision zone for the market. If buyers maintain momentum and break above 24.40, the next bullish target will be around 26.50 ✅ However, if the 20.40 support fails to hold, lower supports at 18.50 and 16.30 may come into play. The momentum currently leans slightly bullish, but price behavior between 23.10 and 24.40 will determine the next strong move. 📊
- Key Support & Resistance Levels:
- Supports: 20.40 – 18.50 – 16.30
- Resistances: 23.10 – 24.40 – 26.50
Always remember to manage and control your risk properly. 🔒
注释
First resistance touched.交易结束：到达目标
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