š $AVAX /USDT: CONSOLIDATION PHASE ā BREAKOUT LOOMING? ā”
The $AVAX/USDT pair is currently trading at 36.01, consolidating near key support and resistance levels. Traders should monitor these zones for the next potential breakout.
š Trade Scenarios:
Entry Point: 36.01
Take Profit (TP 1): 37.00
Take Profit (TP 2): 38.50
Take Profit (TP 3): 40.00
Stop Loss (SL): 34.50
Key Levels:
Support: 34.50
Resistance: 37.00
A breakout above 37.00 could confirm bullish momentum, targeting 38.50 and 40.00. Conversely, a breakdown below 34.50 might signal bearish pressure.
š Market Outlook:
AVAX is in a consolidation phase, testing the resistance at 37.00. A volume surge near this level may confirm a bullish breakout. However, failure to hold support at 34.50 could lead to further downside.
š„ Whatās your outlook for AVAX? Drop your predictions below! Donāt forget to like, follow, and stay tuned for more market insights. šš¬
#USJoblessClaimsDrop #BinanceAlphaAlert #BNBBhutanReserves #AIMarketCapDip #Write2Earn!