🚨💥 $AVAX /USDT Poised for a Breakout – Key Levels to Watch! ⚡🎯
$AVAX /USDT is currently trading at $28.17, marking a +3.11% increase today. With strong buying momentum, $AVAX is gaining attention for its potential to break higher.
🔑 Key Targets for AVAX/USDT:
1. Immediate Resistance: $28.58 – A breakout above this level could indicate further bullish strength, inviting more momentum traders.
2. Second Target: $29.80 – Breaking this threshold would reinforce an uptrend and could lead to significant gains.
3. Major Target: $31.50 – If AVAX pushes beyond this, expect a solid bullish trend, attracting heavy buying interest.
Technical Insights:
The 7-period MA at $28.15 shows short-term support, hinting at underlying strength.
The 25-period MA at $27.67 adds a stable base for continued bullish sentiment.
99-period MA positioned at $25.73 confirms a strong uptrend, indicating that AVAX is supported by long-term bullish sentiment.
⚠️ Caution: Failure to break and hold above $28.58 could trigger a short-term pullback to support levels around $27.10.
Will AVAX surge past its resistance and aim for higher targets, or will a retracement come into play? Keep a close watch! 📈🔥
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