$AVAX
/USDT Technical Analysis🔥🔥💯
Momentum: Bullish (Strong upward movement with +6.02% change in 24h)
Support Level: $38.38 (24h low)
Resistance Levels: $42.06 (24h high)
Moving Averages (MA): Above 20 EMA and 50 EMA, indicating an upward trend.
RSI: Hovering near 65–70, suggesting bullish momentum but approaching overbought territory.
Trade Signal: Buy
Entry Point: $40.50 – $40.88
Stop Loss: $39.50
Target Levels 🎯
1. Target 1: $42.00
2. Target 2: $44.00
3. Target 3: $46.50
Trade Momentum: Strong bullish movement supported by volume. Watch for a breakout above $42.06 for further upside.
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