Recently, AVAX's performance has indeed been eye-catching. After rebounding from above $13, it has now stabilized at $14.180000, with a clear bullish sentiment. The RSI is also at 52.8, indicating there is still room for further strength.
Honestly, this rebound didn't come out of nowhere. Although the market is always full of negative news, the technical indicators on the chart still tell a clearer story — at least for now, the trend shows that the bulls are still in control.
Looking at key price levels, $13.750000 is the support at the bottom of this rebound, with resistance above at $14.610000. If the price can break through $14.460000, the chances of a breakout will significantly increase. As long as it holds above $14.180000, there is a good possibility of continued upward movement.
My own strategy is arranged as follows: start with a light position for observation, maintaining about 20%. Once it breaks through $14.460000, consider increasing the position to 40%, to better participate in the subsequent upward potential. Set the stop-loss at $13.750000, with an initial target of $14.610000. Of course, the market is ever-changing, and no one can predict it perfectly — risk management always comes first.
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GasFeeNightmare
· 20h ago
This wave of AVAX looks good, just worried it might drop again.
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LongTermDreamer
· 01-07 10:36
Ah, this wave of AVAX is indeed interesting. I started paying attention to this project three years ago, back when the price was at the floor. Now, this rebound pace looks comfortable.
Holding above $14.18 is good enough. Regarding the cycle theory, every major rebound we have had has been preceded by a consolidation phase, indicating that the bulls still have strength. Although I am actually experiencing a paper loss in my account now, I choose to believe this is an opportunity for cost optimization, haha.
Staking 20% of my position first is indeed wise. There's no need to go all-in and gamble; risk management comes first.
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TradingNightmare
· 01-05 07:54
Starting to tell stories again, what can technical analysis say? This wave of AVAX is just capital pouring in.
Only after breaking through can we speak; predictions now are meaningless.
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RiddleMaster
· 01-05 07:50
If it can't hold above 14, it'll just drop back to 13, but this time I feel the momentum is still okay.
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WalletDivorcer
· 01-05 07:47
AVAX this wave is indeed interesting, but I still stick to the old saying — a good technical setup doesn't mean it's easy to make money.
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SerumDegen
· 01-05 07:43
lol $14.18 looking spicy but that RSI at 52.8 screaming "rug pull energy" if you ask me... seen this movie before, doesn't end well for retail. staying paranoid til we break $14.46, then maybe i'll stop catastrophizing for five seconds
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LightningPacketLoss
· 01-05 07:38
AVAX this wave is indeed interesting, but why does the 14.6 barrier feel so hard to break?
Recently, AVAX's performance has indeed been eye-catching. After rebounding from above $13, it has now stabilized at $14.180000, with a clear bullish sentiment. The RSI is also at 52.8, indicating there is still room for further strength.
Honestly, this rebound didn't come out of nowhere. Although the market is always full of negative news, the technical indicators on the chart still tell a clearer story — at least for now, the trend shows that the bulls are still in control.
Looking at key price levels, $13.750000 is the support at the bottom of this rebound, with resistance above at $14.610000. If the price can break through $14.460000, the chances of a breakout will significantly increase. As long as it holds above $14.180000, there is a good possibility of continued upward movement.
My own strategy is arranged as follows: start with a light position for observation, maintaining about 20%. Once it breaks through $14.460000, consider increasing the position to 40%, to better participate in the subsequent upward potential. Set the stop-loss at $13.750000, with an initial target of $14.610000. Of course, the market is ever-changing, and no one can predict it perfectly — risk management always comes first.
Key price levels summary:
• Support: $13.750000
• Resistance: $14.610000
• Breakout level: $14.460000
What do you think about this rebound? Any ideas for discussion?