$AVAX /USDT Update: Recovery or Reversal?
$AVAX is trading at $38.41, down 12.23% in the last 24 hours. After hitting a low of $37.57, the price shows signs of recovery, but caution is advised.
Key Levels to Watch:
Support: $37.50 – A breakdown here could lead to further downside, targeting $36.80.
Resistance: $39.20 – A breakout above this level may push AVAX toward $40.50.
Trade Setup:
Long Entry: Above $39.20, targets at $40.50 and $41.90.
Short Entry: Below $37.50, aiming for $36.80 and $35.90.
Monitor the volume and RSI as AVAX approaches these levels for its next significant move!