$AVAX /USDT: BREAKOUT ALERT - BUY NOW! ๐
Hey Binance Square Community! ๐
The $AVAX /USDT pair is currently trading at $21.79, reflecting an impressive 11.34% increase in the last 24 hours. The 24-hour high stands at $21.84, while the low is $19.31. With a trading volume of 2.27 million AVAX and 46.73 million USDT, the market is showing heightened activity and interest. The candlestick chart on a 15-minute interval suggests a bullish breakout, with the price decisively crossing above the resistance level of $21.50. This move indicates strong upward potential, reinforced by the bullish momentum evident across the chart.
Trade Scenarios:
1. Bullish Setup:
- Entry: $21.79
- Take Profit (TP): $22.50
- Stop Loss (SL): $21.30
- Bullish momentum confirmed - enter now! ๐
Market Outlook:
AVAX is poised for a continued rally if it manages to sustain above the resistance at $21.50 and challenge the 24-hour high at $21.84. Traders should monitor closely for confirmations of the bullish trend, as a breakout above $22.00 could signal further upward movement. On the downside, failure to hold support at $21.30 might lead to a retest of lower levels around $20.00.
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