Yello Paradisers! Have you noticed the intriguing action in #AVAXUSDT? This is a moment you don't want to miss!
💎#AVAXUSDT has broken free from its longstanding descending channel, signaling a potential upward trajectory. After navigating within this channel for a considerable period, #AVALANCHE has successfully breached it.
💎The key resistance level at $29.14 has now turned into a crucial support. This support level is pivotal as it has been respected multiple times in the past. If #AVAXUSDT maintains its momentum above $29.14, there's a high probability of a sharp upward move.
💎However, if the price descends below the $29.14 support level, the scenario changes. In this case, the probability leans towards a bullish rebound from the lower, formidable support at $24.46.
💎While some inexperienced traders might be tempted to short at this point, it's essential to maintain a broader perspective and wait for proper price action. A break below the $29.14 support will likely trigger a significant downward move, causing the price to drop further.
Remember, disciplined and strategic trading is the key to long-term success. Stay focused, patient, and make informed decisions. Let's navigate this market wisely, Paradisers!
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.