$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.

🔍 Relevant Trading Data

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