$AVAX

📊 AVAX/USDT Technical Analysis – Key Levels at $35.39 📊

AVAX/USDT is currently trading at $35.39, with the market showing consolidation around key support and resistance zones. As price action stabilizes, traders should be prepared for potential volatility and look for breakout opportunities.

🔑 Key Support: $34.00 – This level has held as strong support in recent tests. A breakdown below $34.00 could see the price drop toward $32.00 and $30.50.

🔑 Key Resistance: $36.50 – Bulls need to break through this resistance to regain upward momentum. A breakout above $36.50 could target $38.00 and $40.00 in the short term.

Entry Strategy:

Long Entry: Look for a breakout above $36.50 with strong volume. Target $38.00–$40.00, and place a stop-loss at $34.50 for risk management.

Short Entry: If AVAX drops below $34.00, consider shorting with a target of $32.00. Set a stop-loss above $35.50 to protect your position.

💡 Pro Tip: Watch for RSI to confirm overbought or oversold conditions, and use MACD for momentum validation. Strong volume during breakouts or breakdowns will give you a clearer signal to act.

AVAX/USDT is approaching pivotal levels, and a decisive move could be on the horizon. Stay alert, stay focused, and be ready to take advantage of the market’s next move! 📈🚀

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