RCT-Trader
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Bearish
$AVAX /USDT is currently priced at $40.81, showing a 14.35% drop over the past 24 hours, indicating a significant retracement after reaching its recent high.
Price Action Breakdown:
24h High: $47.88
24h Low: $40.79
24h Volume: 5.23M $AVAX (~$234.61M USDT)
Key Levels to Watch:
Resistance Zone: $42.00, $44.00
Support Zone: $40.00, $39.00
AVAX has seen a 2.51% decline in the last two hours, hovering around $40.81. The next crucial level to watch for support is $40.00, and if that holds, a potential move back to the $42.00 and $44.00 resistance zones could follow.
Strategic Targets:
Short-Term Target: $41.50-$42.00
Bullish Reversal Target: $44.00+
If $40.00 holds as support, AVAX could see a recovery to $42.00 or higher. Keep an eye on these levels for potential entry points!
#BinanceAlphaTop5 #MarketPullback #Fed25bpRateCut #BTCNewATH #Write2Earn! $AVAX
Price Action Breakdown:
24h High: $47.88
24h Low: $40.79
24h Volume: 5.23M $AVAX (~$234.61M USDT)
Key Levels to Watch:
Resistance Zone: $42.00, $44.00
Support Zone: $40.00, $39.00
AVAX has seen a 2.51% decline in the last two hours, hovering around $40.81. The next crucial level to watch for support is $40.00, and if that holds, a potential move back to the $42.00 and $44.00 resistance zones could follow.
Strategic Targets:
Short-Term Target: $41.50-$42.00
Bullish Reversal Target: $44.00+
If $40.00 holds as support, AVAX could see a recovery to $42.00 or higher. Keep an eye on these levels for potential entry points!
#BinanceAlphaTop5 #MarketPullback #Fed25bpRateCut #BTCNewATH #Write2Earn! $AVAX
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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