2026-04-05 12:41:14

$AVAX AVAX is currently around 8.810 USDT. Do you think we should keep pushing higher or is it about time for a pullback?

If I had to give a conclusion, I’d lean more towards: after a rally, it’s better to take a breather first.
Here’s my reasoning:
First, the buying momentum isn’t strong enough; there’s still some room to break through higher.
Second, the order book shows signs of slowing momentum; chasing aggressively isn’t worth it.
One more point: if BTC isn’t strong, altcoins have more room to fall; if BTC shows a strong upward trend on 15-minute/1-hour charts, then it’s better to abandon short positions altogether.

Suggested entry price: 8.880 USDT
Watch this take-profit level: 8.352 USDT
The point where you should consider exiting: 9.092 USDT
But the biggest risk here is that the bears might not have gained strength yet and could get squeezed out first.

If you were trading this, would you go long now, wait and watch a bit longer, or just stay out?

AVAX-1,27%

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