AVAX/USDT – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 28.35284 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 29.360000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.440000000 |
| 2nd High | 29.370000000 |
| Next High | 29.360000000 |
| Current Price | 29.200000000 |
| Next Low | 28.300000000 |
| 2nd Low | 25.060000000 |
| 3rd Low | 23.900000000 |