$AVAX 1-hour chart is currently showing a consolidation and recovery phase. The price has taken support from the 13.39 low, bounced slightly, and is now trading around 13.70. The RSI is at 51.50, indicating neutral momentum,
while the price has broken above the EMA (7), which is a short-term bullish signal. However, EMA (25) and EMA (99) are still above the current price and are acting as immediate resistance. Until the price sustains above the 13.85 level, the overall trend remains bearish. A slight improvement in volume is visible, but it would be safer to wait for a strong, confirmed bullish candle before expecting a move toward the 14.22 target. Understand your trading strategy and do your own analysis when placing spot trades.
⚠️Disclaimer:
📢 Signal not guaranteed.❌
📢 Not financial advice(DYOR).🧠
📢 In Trading Profit & loss possible.🤷
📢 Spot Signal ✅ | No Future Trade❌
📢 Only risk as much as you can afford.✔️
#INSHALLAH #AVAX #Alhamdulillah