Technical Analysis: $AVAX

/USDT – Key Levels to Watch 🎯

The AVAX/USDT pair has been showing strong bullish momentum, currently trading at $44.84, with a significant 23.83% increase in the last 24 hours. Let’s dive into the key levels and potential targets for the coming sessions.

1. Target 1: $45.27

This is the recent 24-hour high and a crucial resistance level. If AVAX continues its upward movement, breaking above $45.27 could open the door to higher levels.

2. Target 2: $46.00

A potential next level of resistance, around $46, could provide another hurdle. Watch for price action around this level to see if AVAX consolidates or breaks higher.

3. Target 3: $35.71

On the flip side, if the price starts to retrace, the recent low of $35.71 serves as a key support. A bounce from this level could keep the bullish trend intact.

Volume & Trend:

24h volume for AVAX stands at 9.78M, showing strong buying interest.

A continued uptrend above $45.27 could signal further gains towards the next resistance zone.

Keep an eye on these key levels as we continue to monitor the price action. 📊