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Avalanche(AVAX): Wait For Perfect Setup!

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AVAXUSDT Perpetual Contract (BYBIT:AVAXUSDT.P)  
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BYBIT:AVAXUSDT.P   AVAXUSDT Perpetual Contract
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) BTC ETH Ethereum (Cryptocurrency) crypto Relative Strength Index (RSI) bollingerbandstrategy
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trendanalysis chartpattern indicator bitcoin btc eth ethereum crypto relativestrengthindex bollingerbandstrategy
Coin has been having some recovery after being in an "oversold" zone with RSI.

We are looking for any potential movement to the upper zones (towards EMAs and resistance zones) from where we want to see a nice rejection happen and, of course, a downward movement as well!

Swallow Team
Comment:
snapshot
Coin has reached that upper resistance while also entering the "overbought zone" with RSI.

We are looking for any kind of rejection to take place soon near this zone, which would confirm our scenario here!
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