Avalanche (AVAX) has recently experienced a significant change in trading volume, with the 30-minute K-line trading volume soaring by 67.1% month-on-month, and the current coin price fluctuating around 13.717 USDT.
From a technical perspective, the key support level on the 1-hour chart is at 13.654 USDT (only 0.26% away from the current price), forming a strong support zone between 13.58 and 13.84. This sudden surge in volume often indicates that the main capital is about to initiate a trend, and many traders have already begun to position themselves in this area.
Regarding trading strategies, the opportunity for going long is relatively clear: you can place an order around 13.654 USDT, with the resistance target aiming at 14.039 USDT. The sharp increase in volume combined with this price structure makes it worth closely monitoring the subsequent movements. For short-term traders, this could be a noteworthy trading window.
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Avalanche (AVAX) has recently experienced a significant change in trading volume, with the 30-minute K-line trading volume soaring by 67.1% month-on-month, and the current coin price fluctuating around 13.717 USDT.
From a technical perspective, the key support level on the 1-hour chart is at 13.654 USDT (only 0.26% away from the current price), forming a strong support zone between 13.58 and 13.84. This sudden surge in volume often indicates that the main capital is about to initiate a trend, and many traders have already begun to position themselves in this area.
Regarding trading strategies, the opportunity for going long is relatively clear: you can place an order around 13.654 USDT, with the resistance target aiming at 14.039 USDT. The sharp increase in volume combined with this price structure makes it worth closely monitoring the subsequent movements. For short-term traders, this could be a noteworthy trading window.