#AVAXUSDT : The Calm Before the Squeeze StormAVAX / TetherUSBINANCE:AVAXUSDTCryptoAnalystSignal#AVAX The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. There is a key support zone in green at 8.67, and the price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 8.82 Target 1: 8.92 Target 2: 9.09 Target 3: 9.28 Stop Loss: At the resistance zone in green Remember this simple rule: Money Management. Any questions, please leave a comment. Thank you.