$AVAX
$AVAX 1h Update: - At present, the price is stuck between the equilibrium and the lower part of the recent swing range, so the next move will depend heavily on how price reacts to the 6.158–6.121 support zone. If we see a liquidity sweep below this zone and a quick recovery above 6.158 with strong bullish candles, a long trade makes sense, targeting 6.259, then 6.335.
- If price rallies and fails at 6.335 or 6.472, especially with a sweep above these levels and a quick rejection, a short towards 6.158 and then 5.963 would be favored.
- If price decisively breaks above 6.64 and holds, this bearish bias is invalidated and I would expect further upside towards 6.80+.
- If price loses 5.954 (the most recent swing low), expect acceleration towards 5.681.
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#AVAX
$AVAX 1h Update: - At present, the price is stuck between the equilibrium and the lower part of the recent swing range, so the next move will depend heavily on how price reacts to the 6.158–6.121 support zone. If we see a liquidity sweep below this zone and a quick recovery above 6.158 with strong bullish candles, a long trade makes sense, targeting 6.259, then 6.335.
- If price rallies and fails at 6.335 or 6.472, especially with a sweep above these levels and a quick rejection, a short towards 6.158 and then 5.963 would be favored.
- If price decisively breaks above 6.64 and holds, this bearish bias is invalidated and I would expect further upside towards 6.80+.
- If price loses 5.954 (the most recent swing low), expect acceleration towards 5.681.
🚨 Get free AI trade signals before the move starts.
Join Finora AI → tinyurl.com/FinoraBot
#AVAX