## The technical aspect of AVAX is strengthening, this position is quite interesting.
Recently noticed the trend of AVAX, and the current price level of $12.18 still has quite a few highlights. From the technical indicators, the RSI is at 51.1, with bulls slightly dominating, but to be honest, this position isn't particularly strong.
The current support is stuck around $11.81, with resistance above at $12.55. If it can stay above $12.42, it may open up new space. There are voices in the market saying that AVAX has a chance to return to around $14.50 in the next 4 to 6 weeks. How do you see this expectation? Logically speaking, there is still accumulation from the previous trend.
After some thought, my plan is arranged like this. First, I'll try building a small position near the current price to test the waters. If it can stabilize and break through the key point of $12.42, then consider adding to the position appropriately. But don't forget about the risk—if it falls below the support line of $11.81, then it's time to think about exiting. The first target is set at $13.00 to see if it can reach there before discussing further matters.
To be fair, the AVAX market is still worth keeping an eye on. There are no flaws in the technical analysis, and there are some developments brewing in terms of news. The key is to see if a direction can be confirmed in the next few days. What do you all think about this price point?
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## The technical aspect of AVAX is strengthening, this position is quite interesting.
Recently noticed the trend of AVAX, and the current price level of $12.18 still has quite a few highlights. From the technical indicators, the RSI is at 51.1, with bulls slightly dominating, but to be honest, this position isn't particularly strong.
The current support is stuck around $11.81, with resistance above at $12.55. If it can stay above $12.42, it may open up new space. There are voices in the market saying that AVAX has a chance to return to around $14.50 in the next 4 to 6 weeks. How do you see this expectation? Logically speaking, there is still accumulation from the previous trend.
After some thought, my plan is arranged like this. First, I'll try building a small position near the current price to test the waters. If it can stabilize and break through the key point of $12.42, then consider adding to the position appropriately. But don't forget about the risk—if it falls below the support line of $11.81, then it's time to think about exiting. The first target is set at $13.00 to see if it can reach there before discussing further matters.
To be fair, the AVAX market is still worth keeping an eye on. There are no flaws in the technical analysis, and there are some developments brewing in terms of news. The key is to see if a direction can be confirmed in the next few days. What do you all think about this price point?