$AVAX Targets $42 โ Bullish Breakout or Bearish Bait? ๐ป๐ฏ
The charts are heating up, but is Avalanche ready to erupt or just teasing the crowd? ๐๐
As global markets stabilize and risk appetite returns, $AVAX surges with:
โ 6-day green streak
โ +11.8% reversal rally
โ Flips $35 into strong support
โ Eyes breakout zone: $42 in sight ๐
๐ Derivatives Data Flash:
๐ธ Open Interest: Up 3.4% to $2.78B
๐ธ Funding Rate: Positive at 0.0049% โ bulls stepping up!
๐ธ Short Liquidations: $3.96M cleared in past 24h
โก๏ธ Momentumโs with the bullsโฆ for now. But can it hold?
๐ Key Levels in Play:
๐น Daily close above $38 = ๐ fast track to $42
๐น Fall below $33 = โ ๏ธ risk of retest at $26
โธป
๐ฌ Your Play:
๐ Bullish wave incoming?
๐ Or classic fakeout setup?
๐ง Your insights matter.
๐ Share your predictions in the comments
๐ Retweet to wake up the AVAX gang
๐ข Stay sharp โ Avalanche is near the cliff edge!
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