In the last 30 minutes, trading volume surged by 118%, which is a clear signal—market funds are paying attention. Market activity has significantly increased, giving a sense of potential initiation.
Currently, the price is stuck at 12.003 USDT, within the technical observation range. How to interpret this? The key levels are:
**Support and Resistance** The support level at 11.903 is crucial, only 0.83% below the current price. If the price retraces to this level and stabilizes, it could be a low-risk short-term buy point. The resistance above is at 12.397, which is a potential take-profit target, offering about 3.3% upside.
**Practical Operation** If you want to go long, you can place a limit order around 11.903, but only if the candlestick signals—such as doji, bullish engulfing—indicate a trend reversal, increasing the probability of success. Don't be greedy with stop-loss; set it below 11.80 to manage risk per trade. The first take-profit target is at 12.397. If broken, you can track previous highs or Fibonacci extension levels.
**Simple Summary** Price near support with volume increasing suggests a short-term rebound opportunity. The key is whether the support can hold and sustain upward momentum. Remember, strictly follow trading discipline and beware of false breakouts. AVAX's recent movements are worth watching.
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WalletDetective
· 22h ago
Trading volume surged by 118%, this is the real signal of capital inflow, more reliable than any big V calling signals
#数字资产市场洞察 AVAX Short-term Anomaly Observation
In the last 30 minutes, trading volume surged by 118%, which is a clear signal—market funds are paying attention. Market activity has significantly increased, giving a sense of potential initiation.
Currently, the price is stuck at 12.003 USDT, within the technical observation range. How to interpret this? The key levels are:
**Support and Resistance**
The support level at 11.903 is crucial, only 0.83% below the current price. If the price retraces to this level and stabilizes, it could be a low-risk short-term buy point. The resistance above is at 12.397, which is a potential take-profit target, offering about 3.3% upside.
**Practical Operation**
If you want to go long, you can place a limit order around 11.903, but only if the candlestick signals—such as doji, bullish engulfing—indicate a trend reversal, increasing the probability of success. Don't be greedy with stop-loss; set it below 11.80 to manage risk per trade. The first take-profit target is at 12.397. If broken, you can track previous highs or Fibonacci extension levels.
**Simple Summary**
Price near support with volume increasing suggests a short-term rebound opportunity. The key is whether the support can hold and sustain upward momentum. Remember, strictly follow trading discipline and beware of false breakouts. AVAX's recent movements are worth watching.