As of December 22, 2024, AVAX/USDT is trading at approximately $38.00, showing a 6.24% decrease over the past 24 hours.

The Relative Strength Index (RSI) is at 59.07, indicating moderate buying pressure.

The Moving Average Convergence Divergence (MACD) is at 3.32, suggesting bullish momentum.

Support levels are identified at $33.83 and $29.37, while resistance levels are at $38.00 and $40.62.

In summary, AVAX/USDT is experiencing a bearish trend with moderate buying pressure. Traders should monitor these technical indicators closely for signs of a trend reversal.

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