๐$AVAX / USDT Short Trade Signal!!โ ๏ธ
Current Price: $43.8024H Change: +2.43%Category: Layer 1 / Layer
Technical Analysis (4H Chart)
$AVAX / USDT is currently trading at $43.80, continuing its upward trajectory with a 24H High of $43.97 and a 24H Low of $41.24.
Key Levels to Watch
๐ Resistance:
Immediate: $43.97Breaking this level could lead to testing the $45.00 zone.
๐ Support:
Immediate: $41.24If AVAX retraces, this level will act as a key buffer for bullish momentum.
Market Performance
1๏ธโฃ Short-Term:
Todayโs Gain: +3.57%, signaling strong bullish sentiment.7-Day Change: +20.69%, showing a remarkable recovery trend.
2๏ธโฃ Mid-Term:
30-Day Change: -16.96%, indicating a pullback phase before the current rally.90-Day Change: +63.17%, reflecting solid medium-term growth.
3๏ธโฃ Long-Term:
180-Day Growth: +69.15%1-Year Growth: +25.03%, showcasing AVAXโs steady upward trajectory.
Trading Insights
๐ฅ Bullish Outlook: A break above $43.97 could push AVAX toward $45.00 and beyond, supported by strong recent gains.
โ ๏ธ Bearish Outlook: A pullback below $41.24 might signal a consolidation phase, with potential support at the $40.00 level.
Conclusion
AVAX/USDT continues to be a solid performer in the Layer 1 space, with consistent growth and resilience. The current rally highlights its potential as a top contender in the market.
๐ Traders, keep AVAX on your radar! With impressive mid- and long-term performance, itโs paving the way for exciting opportunities ahead.
