AVAX / TetherUS
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#AVAX/USDT

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#AVAX

The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.

We have a trend to stabilize above the 100 moving average once again.

We have a downtrend on the RSI indicator that supports the upward move with a breakout.

We have a support area at the lower limit of the channel at 17.22, acting as strong support from which the price can rebound.

Entry price: 17.54
First target: 17.92
Second target: 18.22
Third target: 18.62

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