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Why 80% of AVAX Top Traders Are Long Binance with $50 in Focus
AVAX could rise 23% to $50.50 if it holds the $40 level.
Traders appear to have overextended at $39.24 on the downside and $41.64 on the upside.
At the time of writing, Avalanche’s native token AvaX is trending higher, with the altcoin poised to gain significant upward momentum on the charts. In fact, it has formed a bullish price action pattern on its daily timeframe.