๐ง Market Structure:
โ Uptrend recovery in progress from March 2025 lows.
๐ข Break of Structure (BOS) confirmed in mid-April and early May, showing strength and higher highs.
๐ Change of Character (CHoCH) detected multiple times โ a sign of previous uncertainty now leaning bullish.
โ Still below key supply zone (~$26โ$30), facing resistance.
๐ Zones to Watch:
Resistance Zone $26.00 โ $30.00 Strong supply; price rejection possible
Local Support $20.50 โ $21.00 Minor demand block formed after recent BOS
Major Support $14.66 (Weak Low) Important level to hold in case of a breakdown
๐ Momentum & Indicators:
Stochastic RSI: Near overbought, turning down. Potential short-term consolidation or retracement.
MACD (not visible but inferred): Likely still bullish from April breakout.
Volume: Tapering off slightly after recent pushโneeds stronger conviction to break above $25โ26.
๐งญ Trade Insights:
Bullish Case:
Holding above $21โ22 is key for maintaining bullish market structure.
Close above $25.50โ26.00 could initiate rally toward $30+, possibly testing prior highs.
Bearish Case:
Failure to hold $21.00 = potential return to deeper support around $18 or even $14.66 (major demand).
Watch for bearish divergence or breakdown signals near supply zone.
๐ก Current Sentiment:
AVAX is in a consolidation phase after a bullish breakout in AprilโMay. Momentum is slightly fading short-term, but structure remains bullish unless $21 is lost. A clean breakout above $26 will likely attract buyers again.
----
Other Low Market Cap #RWA #RealEstate #Tokenization Platforms by FDV
SQRB $100K on PROBIT
$RNB $310K
$HTS $1.9M
$STBU $3.5M
LAND $3.6M
-----
Not for recommendations to BUY SELL any stocks, cryptos, FX or securities
Not for Financial Advise
DYOR
โ Uptrend recovery in progress from March 2025 lows.
๐ข Break of Structure (BOS) confirmed in mid-April and early May, showing strength and higher highs.
๐ Change of Character (CHoCH) detected multiple times โ a sign of previous uncertainty now leaning bullish.
โ Still below key supply zone (~$26โ$30), facing resistance.
๐ Zones to Watch:
Resistance Zone $26.00 โ $30.00 Strong supply; price rejection possible
Local Support $20.50 โ $21.00 Minor demand block formed after recent BOS
Major Support $14.66 (Weak Low) Important level to hold in case of a breakdown
๐ Momentum & Indicators:
Stochastic RSI: Near overbought, turning down. Potential short-term consolidation or retracement.
MACD (not visible but inferred): Likely still bullish from April breakout.
Volume: Tapering off slightly after recent pushโneeds stronger conviction to break above $25โ26.
๐งญ Trade Insights:
Bullish Case:
Holding above $21โ22 is key for maintaining bullish market structure.
Close above $25.50โ26.00 could initiate rally toward $30+, possibly testing prior highs.
Bearish Case:
Failure to hold $21.00 = potential return to deeper support around $18 or even $14.66 (major demand).
Watch for bearish divergence or breakdown signals near supply zone.
๐ก Current Sentiment:
AVAX is in a consolidation phase after a bullish breakout in AprilโMay. Momentum is slightly fading short-term, but structure remains bullish unless $21 is lost. A clean breakout above $26 will likely attract buyers again.
----
Other Low Market Cap #RWA #RealEstate #Tokenization Platforms by FDV
SQRB $100K on PROBIT
$RNB $310K
$HTS $1.9M
$STBU $3.5M
LAND $3.6M
-----
Not for recommendations to BUY SELL any stocks, cryptos, FX or securities
Not for Financial Advise
DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.