The combination Avalanche/Tether (AVAX/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 8.79 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 9.02 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.51 |
| 2nd High | 9.46 |
| Next High | 9.02 |
| Current Price | 8.830000000 |
| Next Low | 8.79 |
| 2nd Low | 8.42 |
| 3rd Low | 8.25 |
9.02 – 9.46 – 9.51 – 8.79 – 8.87 – 8.96 —
8.990000000 – 8.880000000 —
58.321446758159 – 46.205915952654 —
– —
9.02 – 1772964000