DETAILED: The Next 24 Hours for AVAX (June 9-10)
Key Points
The evidence suggests AVAX is in a short-term uptrend, with prices rising from $18.80 on June 6 to $21.08 on June 9, 2025.
It seems likely that bullish entries are best above $21.89 (20-day SMA) or on pullbacks to $20.00-$20.50, with targets at $23.00.
Research indicates bearish entries may work below $21.00 or if prices drop below $20.00, targeting $18.50-$18.80.
Note: Recent news of reduced whale activity could add bearish pressure, so monitor market sentiment closely.
Current Price and Market Overview
As of 02:05 AM AEST on June 10, 2025, AVAX is trading at $21.08 USD, with a market cap of $8.89 billion and a 24-hour trading volume of $369.58 million. The price has shown volatility, recently recovering from a low of $18.80 on June 6 to its current level, suggesting a short-term bullish momentum.
Trading Strategies for Bullish and Bearish Positions
Bullish Entries (Upside):
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