AVAX / TetherUS
롱

AVAXUSDT: Accumulation Almost Done Now Time For Distribution

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Dear Traders,

We hope you enjoyed a great weekend. Let’s focus on the AVAXUSDT crypto pair. It was trading around $40 but then dropped sharply as the crypto market crashed, reaching its lowest point. Looking at the weekly and daily timeframes, we can see the price accumulating in a consolidation pattern. However, we need strong volume to break through this current phase. If we see any significant movement and the price shows bullish signs, that could be a signal to enter a swing bullish position.

Good luck and trade safely. If you agree with our analysis, please like and comment on our ideas.

The Setupsfx_ Team

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