$AVAX $AVAX
Support and Resistance Levels:
Support Levels:
$41.20 (MA(99))
$36.53 (24h Low)
Resistance Levels:
$42.96 (MA(25))
$45.27 (24h High)
$45.44 (Key resistance)
Trading Strategies✨
Short-term (Scalping):
Entry: $42.00 - $42.20
Target: $42.90 - $43.50
Stop Loss: Below $41.00
Medium-term (Day Trading):
Entry: $41.20 - $42.00
Target: $45.00 - $46.00
Stop Loss: Below $40.00
Long-term (Swing Trading):
Entry: $40.50 - $41.50
Target: $46.00 - $48.00
Stop Loss: Below $39.00
Key Takeaways🏆
Avax/USDT is on a bullish trajectory, breaking past its 7-day and 99-day moving averages.
Strong 24-hour volume suggests continued interest, with resistance around $45.27 and $45.44.
Look for retracements to MA(99) at $41.20 or support levels for favorable entries.
Conclusion:💫
AVAX is currently trending positively, with significant upward momentum. If the price consolidates around $42.00-$42.20, there may be opportunities for further gains targeting $45.00 or higher. Manage risk carefully, as the market is prone to volatility.