$AVAX /USDT Analysis

Current Price: $41.88

24H High: $47.93

24H Low: $39.42

24H Vol (AVAX): 8.90M

24H Vol (USDT): 388.76M

Market Outlook:

The $AVAX USDT pair is currently in an uptrend, forming higher highs and higher lows. The recent price action suggests a potential bullish continuation.

Trading Strategy:

Long Trade:

* Entry: $41.88 (Current Price)

* Target: $47.93 (Recent High)

* Stop Loss: $39.42 (Recent Low)

* Leverage: 2x

Short Trade:

* Entry: $47.93 (Recent High)

* Target: $41.88 (Current Price)

* Stop Loss: $48.72 (Above Recent High)

* Leverage: 2x

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research and consult with a financial advisor before making any investment decisions.

Note:

* Leverage can amplify both profits and losses. Use it with caution.

* Always set stop-loss orders to manage risk.

* Stay updated with market news and technical analysis.

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