$AVAX /USDT has been on a strong bullish run, forming higher highs and higher lows on the chart. The current price is around $39.23, and the upward trend seems to be gaining strength.
Entry:
* Long: Consider a long position at the current market price of $39.23 or on a slight dip towards the recent support level around $39.00.
Targets:
* TP1: $39.50
* TP2: $39.75
* TP3: $40.00
Stop Loss:
* SL: Place your stop loss below the recent swing low at $38.50 to protect your position from a potential reversal.
Caution:
* Watch for Stability: Monitor the market closely for any signs of consolidation or a potential pullback.
* Breakout Signal: Keep an eye on the $40.00 level. A break above this resistance could signal further upside potential.
