$AVAX

/USDT ON THE RISE: CAN IT MAINTAIN ITS MOMENTUM?

The AVAX/USDT pair is currently trading at $35.55, marking a modest increase of 0.17% in the last 24 hours. The chart shows the 24-hour high at $37.29 and the 24-hour low at $35.08. With a trading volume of 1.23 million AVAX and 44.67 million USDT, the 15-minute candlestick chart reveals a series of green candles, indicating a potential bullish trend.

Trade Scenarios:

- Bullish Scenario: If the price breaks above $36.00, it could target $37.00 with a take profit (TP) at $37.00 and a stop loss (SL) at $35.00.

- Bearish Scenario: If the price falls below $35.00, it could target $34.00 with a take profit (TP) at $34.00 and a stop loss (SL) at $35.50.

Market Outlook:

The market is currently experiencing some positive momentum, with prices edging higher. Traders should watch for key support and resistance levels to anticipate the next move. Overall sentiment appears cautiously optimistic, with potential for continued upward movement.

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