Technical analysis by hazaq about Symbol AVAX on 11/14/2024
https://sahmeto.com/message/3365796

hazaq
Rank: 29237
Analytical Power:
1.2

AVAX is approaching a significant resistance level around $35.1, as indicated by the trendline on the chart. For a short-term scalp, if AVAX breaks through this resistance, we could see a quick move toward the $38 zone. However, if resistance holds, a retracement toward $31 may be in play. Monitor the price action at $35.1 for a breakout or rejection to guide your next move.Follow for more trade ideas, insights, and updates. NFA: Not financial advice—always do your own research and consider your risk tolerance.
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Signal Type: Neutral
Time Frame:
30 minutesPrice at Publish Time:
$34.2