$AVAX

AVAX/USDT Technical Analysis: Key Levels & Trading Strategy

Currently priced at 46.44, AVAX/USDT is approaching crucial support and resistance zones that could shape its next move. The support level around 45.00 is key—if this level holds, we could see a bounce back toward the 48.00 resistance zone. A break above 48.00 could trigger further bullish momentum, with the next target being 50.00.

On the other hand, if 45.00 fails to hold, 43.00 stands as the next critical support. For those looking to go long, a break above 48.00 could offer an entry point with a potential target of 50.00 or higher.

Entry Strategy: Watch for a rebound from 45.00 or a break above 48.00 for optimal entries, ensuring proper risk management with stops below support. Keep an eye on broader market trends for additional confirmation.

Trade carefully, stay alert, and capitalize on these key levels!

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