AVAX/USD: Struggling Near Key Support, Breakout Needed
🔥 FinCaesar Strategy:
🩸 Short: Below $32.00, targeting $31.00 and $30.00. MACD remains weak, and the price is trending below key moving averages, increasing downside risk.
🩸 Long: Above $33.50, aiming for $35.50 and $38.00. Bulls need a strong breakout to reverse the bearish trend.
🔥 FinCaesar Commands:
🩸 Resistance: $33.50 — A breakout above this level could push AVAX toward $35.50 and higher.
🩸 Support: $32.00 — Losing this level may result in a drop toward $31.00 or lower.
Avalanche is trading in a weak range, with sellers dominating and MACD showing no strong bullish momentum. A decisive move above $33.50 is needed to regain bullish strength, while a failure to hold $32.00 could accelerate the downtrend.
👑 "Only those who seize the moment dictate the market’s fate." — FinCaesar
🩸 Short: Below $32.00, targeting $31.00 and $30.00. MACD remains weak, and the price is trending below key moving averages, increasing downside risk.
🩸 Long: Above $33.50, aiming for $35.50 and $38.00. Bulls need a strong breakout to reverse the bearish trend.
🔥 FinCaesar Commands:
🩸 Resistance: $33.50 — A breakout above this level could push AVAX toward $35.50 and higher.
🩸 Support: $32.00 — Losing this level may result in a drop toward $31.00 or lower.
Avalanche is trading in a weak range, with sellers dominating and MACD showing no strong bullish momentum. A decisive move above $33.50 is needed to regain bullish strength, while a failure to hold $32.00 could accelerate the downtrend.
👑 "Only those who seize the moment dictate the market’s fate." — FinCaesar
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.