🚨 Avalanche Price Analysis: Which Way Will AVAX Break? 🚀
🔥 Avalanche (AVAX) has been stuck in a symmetrical triangle pattern for days, signaling uncertainty about its next big move. Will the bulls or bears win this tug-of-war? 💥
📊 AVAX/USDT Daily Chart:
On Oct. 14, AVAX turned down from the resistance line, showing that the bears are fiercely defending this level. A drop below the 20-day EMA ($27.24) could push the pair down to the support line. ⚠️
🔻 Bearish Break? If AVAX crashes below the support line, it signals that the bears have taken control, and the pair could slide to $17. 🐻
🚀 Bullish Break? If AVAX breaks above the triangle, the bulls could take the advantage, potentially pushing the price to $37 and eventually $42! 🐂
📈 Key Levels to Watch:
• Resistance: $37, $42
• Support: $27.24 (20-day EMA), $17
A decisive breakout is on the horizon! Will AVAX soar or sink? Stay tuned! 👀
$AVAX
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