$AVAX $AVAX
๐ AVAX/USDT Trading Analysis: Momentum Building Above $35! ๐ฅ
AVAX is currently trading at $35.96, showcasing a steady climb as the bulls aim to push it higher. Letโs break down the analysis and uncover key opportunities for traders!
๐ Key Levels to Watch:
Support: The first support is at $35.50, where buyers have shown strength in previous sessions. If this holds, it could act as a springboard for further upside.
Resistance: The immediate resistance lies at $36.50, a level AVAX must break to trigger the next leg upward. Beyond this, the next target is $37.20.
๐ก Trading Strategy:
Bullish Setup: Enter long positions if AVAX breaks above $36.00 with strong momentum. Targets can be set at $36.50 and $37.20.
Bearish Setup: Watch for a drop below $35.50. If this support breaks, AVAX could retrace to $34.80, offering potential buying opportunities.
Risk Management: Set a stop-loss around $35.30 to protect against unexpected reversals.
๐ Market Sentiment: AVAX is showing positive momentum, with buyers stepping in near key levels. A breakout above resistance could signal renewed bullish energy in the market.
๐ฅ With AVAX trading near critical levels, nowโs the time to stay sharp and seize potential opportunities. Trade smart and let the trend guide you!
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