$AVAX /USDT – Bearish Correction, Look for Potential Support Bounce!
$AVAX is currently trading at $38.09, experiencing a -7.55% drop over the past 24 hours. However, despite the recent decline, $AVAX has shown positive growth over the past 180 days, with a +47.69% increase, indicating that it could be setting up for a potential rebound.
🔑 Key Levels to Watch:
Immediate Resistance: $42.45
Next Target: $45.00
Support Zone: $33.60
📈 Trade Plan:
Entry: Consider entering near $38.09 for a potential short-term bounce or wait for confirmation near $33.60 for a more secure entry.
Target: First target at $42.45, with the next potential resistance at $45.00.
Stop-Loss: Set stop-loss at $33.60 to manage risk effectively.
With $315.36M in 24-hour volume, the market has been under selling pressure, but the long-term trend remains strong with +40.09% growth over the past 90 days. A strong support level near $33.60 could provide an opportunity for a recovery.
💡 Pro Tip: Watch for volume increases near the support zone as this can indicate that buying pressure is returning.
Follow my predictions — 93% profit guaranteed!
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