$AVAX /USDT – Bearish Pullback or Breakout Opportunity?
🚨 Momentum Analysis 🚨
AVAX/USDT is currently experiencing a pullback after hitting a 24h high of $19.90. The price is trading at $18.38, down 4.52% in the last 24 hours. With support near $17.76, there’s potential for a bounce or further downside. Traders need to watch for the next key level and market momentum for a possible rebound or breakdown.
Long Setup
Entry Zone: $18.00–$18.20
Targets:
T1: $19.00
T2: $19.50
T3: $20.00
Stop Loss: $17.50 (below recent low)
Breakout Confirmation
Breakout Level: $19.00
Key Support: $17.76
Pro Tip for Traders
If you're looking for short-term opportunities, consider waiting for a confirmation at $19.00 before entering long positions. If the support at $17.76 fails, be cautious of a deeper retracement.
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