๐ $AVAX /USDT: TESTING KEY LEVELS โ READY FOR THE NEXT MOVE? โก
The $AVAX/USDT pair is currently trading at 39.58, hovering near critical support and resistance zones. Traders should keep a close watch as the market gears up for its next breakout or pullback.
๐ Trade Scenarios:
Entry Point: 39.58
Take Profit (TP) 1: 40.50
Take Profit (TP 2): 42.00
Take Profit (TP 3): 43.50
Stop Loss (SL): 38.50
Support is holding at 38.50, while resistance is at 40.50. A breakout above 40.50 could push the price toward 42.00 and 43.50. Conversely, a drop below 38.50 might indicate bearish pressure.
๐ Market Outlook:
AVAX is consolidating near support at 38.50 and could gain bullish momentum if it breaks above 40.50. Failure to hold support might lead to a retracement, so traders should monitor these levels carefully.
๐ฅ Whatโs your outlook on AVAX? Share your thoughts in the comments! Donโt forget to like, follow, and stay tuned for more updates. ๐๐ฌ
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