🚨 $AVAX /USDT ALERT: Critical Support Zone! 🚨
$AVAX is trading at $52.37, down 0.10%, and is testing key support and resistance levels, indicating potential volatility.
📊 Key Levels to Watch:
Resistance: $53.84 – Breaking above this level could push toward $55 and $57, signaling renewed bullish momentum.
Support: $50.72 – Holding above this level is essential to prevent further downside toward $48.
💡 Volume Insights:
With a 24-hour trading volume of 135.50M, the market shows consistent activity, offering opportunities for traders.
📈 Trading Strategy:
Long Entry: Above $53.50, aiming for $55 and $57.
Short Entry: Below $50.70, targeting $48 and $46.
🔥 Market Sentiment:
The Avalanche ecosystem remains a solid contender in the blockchain space, attracting interest from both short-term traders and long-term investors. Stay alert for sudden price swings as AVAX tests these critical levels!
