AVAXUSDT Approaching Ascending Triangle Resistance
2024-11-22

AVAXUSDT Technical analysis update

AVAXUSDT is forming an ascending triangle in the middle of an uptrend. The price is currently moving towards the triangle's resistance, with the 100 EMA acting as support at the triangle's bottom on the 4-hour chart. Once a breakout occurs, a strong bullish move can be expected in AVAX.

Buy Level: Above $37.00

Stop Loss: 33.00