🤖 AI Insight

Based on the 1h technical analysis of AVAXUSDT:

**Trend:** The price is currently at 16.33, below both EMA7 (16.48) and EMA25 (16.79), indicating a short-term downtrend.

**Indicators:**

* RSI14 (35.44) is in the oversold territory, suggesting a potential reversal or consolidation.
* MACD (-0.22) is negative, confirming the downtrend.

**Support and Resistance:**

* Support: 15.95, a potential buy zone if the price breaks below.
* Resistance: 18.64, a key level to break for a bullish reversal.

**Volume:**

* Average Volume: 98,502
* Volume Trend: Decreasing, which may indicate a lack of interest in the current price range.

**Entry Prices:**

* **Short Entry:** Consider shorting around 16.60 (EMA7) with a stop loss above 16.80 (EMA25). Target 15.95 (Support).
* **Long Entry:** Consider buying around 15.95 (Support) with a stop loss below 15.70. Target 16.60 (EMA7) and 16.80 (EMA25).

**Spot Buy Price:** If you're looking to buy, consider accumulating around 15.95 (Support) for a spot position.

Keep in mind that this analysis is based on a 1h chart and is subject to change. Always use proper risk management and consider multiple sources before making trading decisions.