šØ $AVAX /USDT ALERT: $46.24 ā Bullish Momentum Sustained! šØ
$AVAX has surged 5.26%, reaching a 24-hour high of $49.15 with robust trading volume of 7.81M AVAX. The price is now consolidating near a critical zone, signaling potential for further upside.
Key Levels to Watch:
1. Target 1: $47.50 ā Immediate resistance. A breakout above this level could lead to further bullish momentum.
2. Target 2: $49.15 ā The 24-hour high and a key resistance level. A move above this could trigger a rally toward the next target.
3. Target 3: $52.00 ā A psychological resistance level that could act as a major upside target if bullish pressure continues.
Support Level:
$43.82 ā A critical support level. A breakdown below this could lead to a retest of $41.87.
Trade Setup:
Entry Price: $46.24
Stop Loss: Below $43.82 to minimize risk.
Take Profit Targets: $47.50, $49.15, $52.00
ā ļø Note: AVAX is exhibiting high volatility. Confirm breakout levels with volume before entering, and use tight stop-losses to protect against sudden reversals.