AVAX/USDT – 30M – SELLThe pair jumps from the ascending trendline down.
A descending movement down to the next support at 28.450000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 29.430000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.870000000 |
| 2nd High | 29.750000000 |
| Next High | 29.430000000 |
| Current Price | 28.240000000 |
| Next Low | 28.450000000 |
| 2nd Low | 28.300000000 |
| 3rd Low | 28.100000000 |