🚀📊 AVAX/USDT Analysis: Support, Resistance, and Entry Strategy

1. Support and Resistance Levels:

Support (Previous Value): Around $20.00 - $20.50

AVAX tends to find buying interest in this range, preventing further decline.

Resistance (Current Value): Approximately $23.50 - $25.00

A price level where selling pressure may increase, potentially limiting upward movement.

2. Entry Strategy:

Entry Point: Buy within the support zone ($20.00 - $20.50).

Targets:

First Target: $23.50 - $25.00 (potential resistance).

Second Target: $29.00 - $31.00 (higher resistance).

Stop Loss: Set just below $19.00 to manage risk.

3. Pattern: đŸš€đŸ”„

AVAX is forming a bullish consolidation pattern.

Watch for a breakout above resistance for confirmation.

:Remember, always do your own research and consider risk management. Happy trading! 📈💡

Feel free to ask if you need further details or have any other questions! 😊#AvaxđŸ”„đŸ”„ #AVAXLegend #Write2Earn! #CryptoMarketMoves #besttrader