$AVAX

🚀 AVAX/USDT Analysis: Price Action at 38.48 🚀

Avalanche (AVAX) is currently trading at 38.48 USDT, positioning itself near significant technical levels. Here’s a breakdown of the key support and resistance zones to watch for the next potential move:

🔑 Support Levels:

The immediate support is at 37.50 USDT, where buyers have stepped in previously.

A further drop could test the next strong support at 36.00 USDT, a critical zone for bullish defense.

⚡ Resistance Levels:

39.50 USDT is the immediate resistance. A breakout above this could drive the price toward the 41.00 USDT mark.

Beyond 41.00 USDT, the next key target is 43.00 USDT, indicating potential for further bullish momentum.

💡 Entry Strategy:

Long Entry: Consider entering above 39.50 USDT with confirmed volume, targeting 41.00 USDT or higher.

Short Entry: If AVAX fails to break 39.50 USDT, short positions around this resistance could target 37.50 USDT or 36.00 USDT.

With AVAX trading at 38.48 USDT, the market is at a crucial turning point. Keep a close eye on these levels and align your strategy for the next significant move! 🚀

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