AVAX/USDT – 30M – SELLThe currency pair Avalanche/Tether (AVAX/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support at 29.220000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 30.300000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 30.640000000 |
| 2nd High | 30.410000000 |
| Next High | 30.300000000 |
| Current Price | 28.480000000 |
| Next Low | 29.220000000 |
| 2nd Low | 28.960000000 |
| 3rd Low | 28.250000000 |
30.300000000 – 30.410000000 – 30.640000000 – 29.220000000 – 28.960000000 – 29.620000000 — 34.759369687829 – 33.469212697838