๐ $AVAX /USDT: WATCH FOR A BULLISH BREAKOUT! โก
The $AVAX /USDT pair is currently trading at 43.09, showing strong bullish potential. The market is approaching key resistance levels, and traders should keep an eye on these areas for a potential breakout or pullback.
๐ Trade Scenarios:
Entry Point: 43.09
Take Profit (TP) 1: 44.50
Take Profit (TP) 2: 45.50
Take Profit (TP 3): 47.00
Stop Loss (SL): 42.00
Support is located at 42.00, while resistance is around 44.50. A breakout above 44.50 could signal further upside, with potential for targets around 45.50 and 47.00. However, a drop below 42.00 could lead to a bearish retracement.
๐ Market Outlook:
AVAX is showing bullish momentum, and a breakout above 44.50 could indicate the start of a new rally. However, if the price drops below 42.00, we may see a pullback. Watch volume and momentum for confirmation of the next price move.
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