🚀 $AVAX /USDT: TESTING SUPPORT – BREAKOUT OR PULLBACK AHEAD? ⚡
The $AVAX/USDT pair is currently trading at 44.00, holding near key support and resistance levels. Traders should stay alert for potential breakout or retracement opportunities.
📊 Trade Scenarios:
Entry Point: 44.00
Take Profit (TP 1): 45.50
Take Profit (TP 2): 47.00
Take Profit (TP 3): 48.50
Stop Loss (SL): 43.00
Support is found at 43.00, while resistance is at 45.50. A breakout above 45.50 could lead to further bullish movement, targeting 47.00 and 48.50. A drop below 43.00 could signal a retracement and potential bearish pressure.
📉 Market Outlook:
AVAX is holding above 43.00 support, suggesting potential for a move upward if it breaks through the 45.50 resistance level. A successful breakout would confirm continued bullish momentum, while a failure to hold support could result in a pullback and retest of lower levels.
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