AVAXUSDT Trend Analysis | Will Volume Confirm the Next Big Move?

AVAXUSDT Trend Analysis | Will Volume Confirm the Next Big Move?

🔍 Let’s break down the AVAX/USDT setup, examining its technical structure and mapping out key opportunities as it gears up for a decisive move.

⏳ Daily Overview
AVAXUSDT has been exhibiting a bullish structure, recently reacting to the 0.382 Fibonacci retracement level (around 22.69USDT) where price paused for a correction. This correction was technically healthy, as it occurred with declining volume, while upward impulses were marked by notable volume surges—signaling strong bullish participation and confirming accumulation phases.

🔺 Bullish Scenario:
The next area to watch is the resistance at 26.10USDT, which has acted as a major barrier in recent trading sessions. A decisive daily close above this level—preferably supported by a clear uptick in volume—would confirm breakout momentum and set the stage for further advances.

Upon confirmation, the chart points to medium- and long-term targets at 34.66USDT and eventually 44.10USDT. These levels are derived from key Fibonacci extensions and historic price reactions, offering logical take-profit zones for trend-following strategies.

📊 Key Highlights:
- 0.382 Fibonacci level (22.69USDT) acted as a reaction zone and healthy correction point.
- Volume profile validates trend: increased buying volume during upswings, decreased volume on dips.
- 26.10USDT is the next crucial resistance for confirmation.
- Breakout (with volume) opens path to 34.66USDT and 44.10USDT targets.
- Failure to clear 26.10USDT could result in consolidation or another retest lower.

🚨 Conclusion:
All eyes are on the 26.10USDT resistance. Wait for a clear daily close and volume confirmation before considering entries. A breakout above this level could propel AVAXUSDT towards higher Fibonacci targets, while a rejection may prompt another retest of prior supports or consolidation.

Stay sharp and plan your trades with discipline!