AVAX/USDT ($39.75) is currently showing a rebound trend, having broken through the 7-day moving average and is approaching the 25-day moving average ($41.91). Trading volume has increased, and the MACD indicator's fast and slow lines are close to the zero axis, indicating that bullish strength is gradually increasing.
Support and Resistance
• Support level: $36.26
• Resistance level: $41.91
Trend Prediction
If the price breaks through the resistance level of $41.91, AVAX is expected to continue to test the $45.00 area; if it cannot break through, it may pull back to the support near $37.32 in the short term.
Recommended Direction: Bullish, watch for breakout opportunities above $40.60. $AVAX