$AVAX

AVAX/USD Market Update: Priced at $37.51

AVAX is currently trading at $37.51, showing a solid performance in the market. As it consolidates within a defined range, traders are eyeing key levels for potential breakouts or reversals.

Resistance: The immediate resistance for AVAX is at $38.50, with a strong potential to break higher if buying momentum picks up. If the price clears this level, we could see a rally towards $40.

Support: On the downside, $36.00 provides key support. A drop below this level could indicate a bearish trend, with potential targets at $34.50 and further down to $32.

Entry Strategy:

Bullish Setup: A break above $38.50 could trigger long positions, with the next resistance at $40 providing the target.

Bearish Setup: A drop below $36.00 could signal a potential short opportunity, aiming for a move towards $34.50 or $32.

Keep an eye on these key levels to spot strong market moves and trade with the trend!

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