🚀 Coin $AVAX (Avalanche) on the brink of a price explosion!
Analysis: Avalanche ($AVAX ) shows extremely strong technical indicators after surpassing the key resistance level at $44.5. A strong upward movement supported by the actions of whales who have accumulated large amounts in the last few hours. Trading volume increased by 35% over the past 24 hours, indicating strong momentum.
Why $AVAX now?
Announcement of an important software update in the coming hours
Accumulation of market whales for the coin in their wallets over the past 48 hours
A technical pattern appearing on the chart (ascending wedge) on the 4-hour timeframe
Coinciding with the overall market recovery after the recent correction
Entry Points:
Immediate buy at the current price ($45.8)
Wait for a slight correction at $44.3-$44.8 (new support level)
Exit Points:
First target: $49.5 (+8%)
Second target: $52.3 (+14%)
Stop loss at: $42.1
Additional notes: Monitor trading activity between 2-6 AM, an important period after the announcement from the project developers. The expected rise is quick and may be temporary, so profits should be taken gradually and exit points should be adhered to.
