$AVAX
๐ AVAX/USDT Analysis โ Key Levels at $35.40! ๐ฅ
AVAX/USDT is currently trading at $35.40, showing strong momentum as it hovers near crucial price levels. Letโs analyze the support, resistance zones, and strategies for optimal entries!
๐น Support Levels:
$34.50โ$35.00 โ A key support zone where buyers have previously stepped in. Holding above this level could maintain bullish momentum.
๐น Resistance Levels:
$36.00โ$37.20 โ A strong resistance zone. A breakout above $37.20 could fuel a rally toward $38.50โ$40.00.
๐ Entry Strategy:
Long Entry: Enter above $36.00 with volume confirmation, targeting $37.50โ$40.00 for profits.
Short Entry: If the price drops below $34.50, consider short positions with targets at $33.00โ$32.50.
๐ฅ Final Thoughts:
With AVAX/USDT trading at $35.40, itโs positioned near critical levels where a breakout could trigger strong upside momentum. Keep an eye on volume signals and set stop-losses to manage risk effectively. This setup offers great potential for both bullish and bearish playsโstay sharp and ready!
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