$AVAX /USDT Technical Analysis & Trade Signal
$AVAX /USDT is trading at $50.38, consolidating after testing a 24-hour high of $51.56. Bulls are attempting to regain momentum above the key $50.50 resistance zone.
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Entry Zone: $50.20 - $50.60
Targets:
1. $51.00 - Immediate resistance level.
2. $51.80 - Recent high and mid-term target.
3. $53.00 - Extended bullish breakout target.
Stop Loss: Below $49.80 (support zone).
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Analysis Insights:
AVAX is forming higher lows, showing signs of accumulation and bullish momentum.
A breakout above $51.00 with strong volume could drive the price toward the $51.80 resistance.
Sustained buying pressure may lead to a push toward $53.00 for a continuation rally.
Maintain risk management with a stop loss below $49.80.
