Price: 23.87 | EMA7: 24.08 | EMA25: 23.94 | RSI14: 49.87 | Resistance: 27.38 | Support: 15.61 | Average Volume: 2622559.37 | Volume Trend: Decreasing
AVAXUSDT is hovering slightly below its EMA7, suggesting potential for a small retracement. The decreasing volume indicates waning buying pressure.
**Entry:**
* **Long:** Consider a long entry above the EMA7 (24.08) with a stop loss below support (15.61).
* **Short:** Shorting below the current price (23.87) with a stop loss above resistance (27.38) could be a riskier play given the current indecision.
**Spot Buy:**
23.87 is close to current support, so a strong hold there suggests buying near this level.
**Note:** This is a short-term view based solely on technical indicators. Conduct further research and consider market context before making trading decisions.