$AVAX

🔥 AVAX/USDT Analysis: Is $45.62 the Turning Point? 📊

AVAX/USDT has taken a hit, trading at $45.93 (-5.88%) as sellers dominate the 4H chart. The price is in a clear downtrend, forming lower highs and lower lows, but critical levels are now in focus.

Key Zones to Watch:

🔹 Support: $45.62 – $40.61 (Buyers may defend this zone).

🔹 Resistance: $50.95 – $56.12 (The hurdles for any rebound).

🎯 Entry Strategy:

A strong bounce from $45.62 with rising volume could be a buying opportunity, targeting $50.95.

A break below $45.62 might open the gates for a drop to $40.61, favoring short positions with tight stop-losses.

⚡ Outlook: Sellers are in control, but smart traders will watch for volume spikes and price action near support. Reversals happen where markets hesitate – are you ready to act? Trade wisely, manage risk, and stay ahead of the market! 🚀

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