$AVAX /USDT Technical Analysis 🚀
Current Price: AVAX/USDT is trading at $39.93, up +2.04% in the last 24 hours. The price is showing strong recovery momentum with potential for further upside if key levels are breached.
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Next Potential Targets:
1. Target 1: $40.50 - Immediate resistance and a key breakout zone for short-term gains.
2. Target 2: $42.00 - A critical resistance level indicating continued bullish momentum.
3. Target 3: $45.00 - Long-term resistance, signaling a significant rally if breached.
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Strategy
Secure partial profits near $40.50 to lock in gains as the price tests resistance.
Adjust your stop loss to $38.50 to mitigate risks and protect profits.
Monitor for a sustained breakout above $42.00, targeting a further move toward $45.00.
📊 Volume and price action suggest bullish interest, with potential for continued gains if resistance levels are cleared.