🚀 $AVAX /USDT: CONSOLIDATION PHASE – BREAKOUT LOOMING? ⚡
The $AVAX/USDT pair is currently trading at 36.01, consolidating near key support and resistance levels. Traders should monitor these zones for the next potential breakout.
📊 Trade Scenarios:
Entry Point: 36.01
Take Profit (TP 1): 37.00
Take Profit (TP 2): 38.50
Take Profit (TP 3): 40.00
Stop Loss (SL): 34.50
Key Levels:
Support: 34.50
Resistance: 37.00
A breakout above 37.00 could confirm bullish momentum, targeting 38.50 and 40.00. Conversely, a breakdown below 34.50 might signal bearish pressure.
📉 Market Outlook:
AVAX is in a consolidation phase, testing the resistance at 37.00. A volume surge near this level may confirm a bullish breakout. However, failure to hold support at 34.50 could lead to further downside.
🔥 What’s your outlook for AVAX? Drop your predictions below! Don’t forget to like, follow, and stay tuned for more market insights. 📈💬
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