$AVAX

🔍 AVAX /USDT Analysis - Price at 36.45 🔍

The AVAX /USDT pair is currently trading at 36.45, and it’s showing signs of potential movement within key levels. Let’s dive into the details:

🔹 Support at 35.00: The price has recently tested this support level multiple times. A bounce from this zone could present an opportunity for traders to enter long positions with the expectation of a rally back toward higher levels.

🔹 Resistance at 37.50: The 37.50 zone has been a significant resistance point. If AVAX breaks above this level, it could lead to a continuation of the bullish trend, with the next target potentially reaching 40.00.

Entry Strategy:

1. Bullish Play: If the price holds above 35.00, consider entering long positions with a target at 37.50. A breakout above 37.50 could push the price even higher.

2. Bearish Play: If AVAX falls below 35.00, watch for a potential downtrend. In this case, short positions may become viable with a stop-loss placed just above 36.00.

With volatility on the horizon and clear support and resistance zones in place, AVAX /USDT could be gearing up for a breakout. Stay focused, trade smart, and manage your risk! 🚀📈

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