Avalanche (AVAX)
News:
Avalanche (AVAX) is gaining attention due to significant activity from large investors, known as whales, and a renewed interest from retail traders. This has created a positive or bullish sentiment in the market. Data shows that large holders are accumulating more AVAX, which could suggest a future price increase. From a technical perspective, AVAX is testing important price ceilings. If it breaks through these levels, its value could rise significantly. Analysts are optimistic, suggesting potential price targets between $32 and $35. The underlying technology of Avalanche, particularly its subnet architecture which improves scalability, supports this positive outlook.
Signal: Buy $AVAX USDT
Entry Price: $24.50
Take Profit: $32.00
Stop Loss: $20.50
