$AVA /USDT TECHNICAL ANALYSIS: STRONG UPTREND APPROACHING RESISTANCE — LONG BREAKOUT IN FOCUS
$AVAX /USDT is trading at $0.5482, up +3.36%, with a solid bullish push from the 24h low of $0.5119. The pair is now testing key resistance at $0.5532, the 24h high, signaling growing upward momentum.
Volume is moderate but healthy, with 1.15M $AVA and over $612K USDT traded. Depth data shows strong bids building near $0.5413, with light selling pressure above $0.5532, setting the stage for a potential breakout.
Trade Setup:
Entry: On confirmed break above $0.5532
Target: $0.5650–$0.5750
Stop: $0.5340
Momentum favors bulls, and a 15m or 1h close above resistance with increasing volume could initiate the next leg up. Monitor for sustained bid strength near $0.5400 to confirm continuation.
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