On the 1-hour chart of AVAX/USDT, a positive trend is observed. Price is 12.39 USDT, and the short-term trend is confirmed by the rising EMA and indicators. The market shows momentum for continuing the upward movement, although RSI is approaching the overbought zone — which means to act cautiously.
🔹 Indicators:
EMA (21): 12.22 — support for growth
EMA (50, 99): 12.17 — key confirmation levels
RSI (14): 65.02 — overbought, a slight correction possible
MACD: 0.02 — positive signal
StochRSI: 97.23 — close to overbought, be careful
💰 Trading plan
Main scenario: Long
🎯 Targets:
12.60 (+1.7%)
12.85 (+3.7%)
13.10 (+5.7%)
➡️ Entry points:
Conservatively: Waiting for a pullback to 12.20
Aggressively: Entry at the current price of 12.39
⛔️ Stop-loss: 12.10 — minimize risk during pullback
💡 Keep an eye on market movement and adjust strategy based on price reaction to key levels. Trade cautiously, but with growth potential!
Spot trading 👉$AVAX
Futures 👇 {future}(AVAXUSDT)
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