$AVAX

📉 AVAX/USDT Analysis - Bearish Momentum Dominates ⚠️

AVAX is currently trading at $43.65, down 10.63% in the last 24 hours. The 4-hour chart reveals strong selling pressure, with price breaking key levels and sliding further into bearish territory.

Support sits near $42.77, a critical zone to watch—if this level fails, AVAX could test the $40 mark. On the upside, resistance lies at $48, where previous attempts to rebound faced heavy selling. Breaking this resistance is vital for bulls to regain control.

📊 Entry Strategy:

For Bears: Look for short positions on pullbacks to $45–$46, targeting the next support.

For Bulls: Patience is key—wait for a strong reversal or confirmation of support around $42 before entering. A breakout above $48 could signal a bullish recovery.

🔥 What’s Next? With sharp downward momentum, the market favors sellers, but watch closely—AVAX may find a base soon. Will buyers step in, or will we see further downside? Keep your eyes on these key levels.

Trade smart, trade safe. 🚀

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