$AVAX

๐Ÿ”ฅ AVAX/USDT Technical Analysis โ€“ Is Avalanche Ready to Surge? ๐Ÿš€๐Ÿ”ฅ

AVAX/USDT is currently trading at $37.67, and the price action hints at a possible breakout. Letโ€™s analyze the key levels and strategies:

๐Ÿ’ก Key Levels to Watch:

Resistance Zones:

Immediate resistance is at $38.50, where sellers could step in.

A breakout above $40.00 could open the doors for a rally toward $42.50 or higher.

Support Zones:

Key support lies at $36.50, providing a solid base for buyers.

A deeper support level is around $35.00, which could serve as a strong accumulation zone.

๐Ÿ“ˆ Entry Strategy:

Breakout Play: Buy on a confirmed move above $38.50, with volume. Target the $40.00โ€“$42.50 range for profits.

Dip Buying: Accumulate near $36.50โ€“$35.00, setting a stop-loss below $34.50 to manage risks.

โšก Market Momentum: Watch for increasing trading volume and bullish candlestick patterns near resistance. A surge above $38.50 could bring renewed momentum to the market.

AVAX is heating upโ€”are you eyeing the breakout, or waiting to buy the dip? Share your take below! ๐Ÿ”ฅ๐Ÿ“Š

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