$AVAX /USDT Trading Signal - Recovery Building Momentum
The $AVAX/USDT pair is trading at $37.47 (-5.26%), rebounding from its intraday low of $36.19. Buyers are starting to take control, suggesting a potential recovery toward resistance levels.
Suggested Entry Zone:
Enter within the range of $37.30 - $37.60, as the price stabilizes above key support.
Target Levels:
Target 1: $38.00
Target 2: $38.50
Stop Loss:
Place a stop loss below $36.50, to protect against further downside risks.
Market Observation:
The 15-minute chart shows a bounce off the $36.19 support level, with increasing buyer activity. A breakout above $37.60 could confirm the continuation of the recovery, with a potential push toward $38.50. Monitor trading volume for additional confirmation.
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