$AVAX

Point Analysis:

1. Key Support Levels:

• First Support Level: $35.70 (24-hour low)

• Second Support Level: $33.95 (99-day moving average)

• Third Support Level: $32.94 (psychological support level)

2. Key Resistance Levels:

• First Resistance Level: $39.74 (24-hour high)

• Second Resistance Level: $45.20 (25-day moving average resistance)

• Third Resistance Level: $46.88 (medium-term resistance)

Bullish and Bearish Direction Forecast:

AVAX's current price is $38.13, up 6.66% for the day. The price has briefly stabilized above the 99-day moving average support, but has not broken through the 25-day moving average. The MACD indicator shows signs of a weak rebound, and volume has not significantly increased, indicating a rebound demand in the short term, but resistance above is strong.

Strategy Suggestions:

• Long Position Strategy:

If the price breaks above $39.74, consider opening a light long position near $40.00, with a stop loss set at $37.50 and target prices of $45.20/$46.88.

• Short Position Strategy:

If the price drops below $35.70, consider opening a short position near $35.50, with a stop loss set at $37.00 and target prices of $33.95/$32.94.

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