AVAXUSDT's Next Big Move? Key Levels You Can't Ignore! 
2024-11-07

Yello, Paradisers! Have you noticed the recent surge in #AVAXUSDT? Let’s break down what this market shift could mean for both cautious traders and risk-takers.

💎#AVAXUSDT has finally shown signs of life. After days of bearish pressure with consistent lower lows and lower highs, The market witnessed a significant structure break, indicating that bearish momentum may be losing its grip. Not only did it push above its previous lows, but it also broke out from a descending trend-line resistance, sparking optimism for potential upside movement.

💎AVAXUSDT has probability to pull back to a 4-hour demand zone between $26.31 and $25.79. If this area holds, we could see buyers stepping in for another push upward.

💎Eyes should be on the $25.18 to $24.64 zone. This level, aligning with the 0.5 Fibonacci retracement, is crucial for forming a higher low. A strong defense here could propel prices back into a bullish trajectory.

💎The first hurdle for AVAXUSDT lies around $29.40. If momentum sustains, a climb towards the major resistance zone at $31.61 and the stronger cap between $33.68 and $34.42 is on the cards.

💎Stay alert for invalidation. A 4-hour candle closing below $23.21 would signal a breakdown of this bullish outlook and could lead to further declines.

💎AVAXUSDT is at a pivotal juncture. If it respects the support zones, the path to higher resistance levels could open up, giving traders opportunities to ride the momentum. Conversely, a failure to hold these supports could shift the narrative back to bearish.

Stay disciplined and monitor these levels closely. Remember, patience and strategic entries will always outperform rash decisions. Trade smart, Paradisers!

MyCryptoParadise
iFeel the success🌴
