Avalanche(AVAX): Near The Major Resistance

AVAX has had a magnificent bullish movement during the past few past weeks but it seems like it is getting tired and bulls are not feeling so pushy

There are high chances to see prices rebound near lower zones for some kind of correction!

Swallow Team

تعليق:

AVAX has been having a nice rejection as of now after reaching our major resistance zone! As long as we are below that resistance, we are good for a downward movement!

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Coin has had an amazing rejection near the upper zones, resulting in a 15% market price move as of now.

The price is still overbought and is heading towards our FVG zones!

تعليق:

After having an amazing movement breaking that middle line of BB, we are re-testing this zone, which is logical as well. As long as this re-test is healthy, we are good for further movement, for sure!

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so since that nice drop we see that with each candle price is showing us further demand in more downward movement.

Those FVG zones are still the major targets, which means we might see more 31–45% market price movement on top of what we already have!

تعليق:

AVAX has a really nice rejection from the upper resistance, which led the price toward our first FVG zone.

Price still might see some further movement here, so eyes open for sure!

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Avax caught our attention a very long time ago, but here is a TA for late traders.

We see two possible entries here on Avalanche Coin, both of which are short positions.

Despite coin showing high demand in lower zones and weakness, we are suggesting looking for perfect entry which are near upper resistance zone or below lower liquidity line (upon breaking that one)