AVAX/USDT – 30M – SELLThe currency pair jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 23.250000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 24.490000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.660000000 |
| 2nd High | 24.900000000 |
| Next High | 24.490000000 |
| Current Price | 23.100000000 |
| Next Low | 23.250000000 |
| 2nd Low | 23.220000000 |
| 3rd Low | 22.870000000 |