$AVAX

AVAX/USDT Technical Analysis – Price at $48.76 🚀

AVAX/USDT is trading at $48.76, showing strong resilience and setting up for a potential bullish breakout. The price action reflects steady buying interest as AVAX holds above key support levels.

Key Levels to Watch:

Support: $47.50 – This level has acted as a floor, where buyers are stepping in to defend against further downside.

Resistance: $50.00 – A psychological and technical barrier; a breakout above this could open the gates for strong upside momentum.

What’s Next?

The price is inching closer to the $50.00 resistance zone, and a successful breakout with volume confirmation could push AVAX toward the $52-$55 range. If support at $47.50 holds, it will continue to act as a springboard for buyers.

Entry Strategy:

Look for long positions above $47.50 with a stop-loss at $46.80.

A confirmed breakout above $50.00 could present a more aggressive entry for traders eyeing higher targets.

AVAX is gearing up for a breakout—stay sharp and ready for a potential rally to new highs! 🚀📈

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