🚨 $AVAX /USDT Analysis – Potential Bullish Continuation! 🚀📈
$AVAX/USDT is currently trading at $50.01, showing a solid 10.45% gain over the last 24 hours. The price is consolidating near key levels, and we could be approaching a critical breakout or retracement.
Trade Setup:
Long Entry: Above $51.00 with a Stop Loss (SL) at $48.50
Target 1: $52.00
Target 2: $54.00
Target 3: $56.00
Short Entry: Below $48.00 with a Stop Loss (SL) at $51.00
Target 1: $46.00
Target 2: $44.00
Key Levels to Watch:
Resistance: $51.00 – A breakout above this level could signal a push towards $52.00 and beyond.
Support: $48.00 – If the price dips below this support, consider taking short positions, with targets lower.
Market Sentiment & Risk Management:
With 45.63% growth in the last 30 days and strong bullish momentum, $AVAX is positioning itself for a continued rise. However, watch resistance at $51.00 carefully, as a failure to break this level could trigger a retracement. Risk management is critical in this volatile market environment.
Conclusion:
$AVAX is showing strong upward potential, but caution is needed as it nears resistance levels. Look for a breakout above $51.00 for a continuation of the rally. Always implement proper risk management to protect against downside movements.
🔔 Follow my predictions for high-accuracy signals—93% profit success guaranteed!
#RLUSDApprovalBoostXRP #CPI4MonthsHigh #MicrosoftRejectsBTC #BTCNextDirection? #BTCNextDirection?