🚀 $AVAX /USDT: TESTING SUPPORT – POTENTIAL FOR A BULLISH RALLY?
⚡The pair $AVAX /USDT is currently trading at $37.26, consolidating near a key support level. This area may create an opportunity for a breakout or a correction, depending on price action.
📊 Trading Scenario: Entry Point: $37.26 Take Profit (TP 1): $38.50 Take Profit (TP 2): $39.80 Take Profit (TP 3): $41.00 Stop Loss (SL): $36.00 Support at $36.00, while resistance at $38.50. A breakout above $38.50 could lead to further profits, targeting $39.80 and $41.00. A drop below $36.00 may indicate a bearish correction.
📉 Market Outlook: AVAX is testing a key support level at $36.00. If the price holds above this level, we may see a bullish move towards $38.50 and beyond. A breakout above $38.50 will confirm bullish momentum. However, a break below $36.00 could shift market sentiment to bearish. If you find this analysis helpful, don't forget to like, comment, and follow for more updates. Leave your favorite coin pair in the comments for a detailed review! 💬📈
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