AVAXUSD Reached Key Support Zone – Bullish Move Ahead?

23 Oca

AVAXUSD is trading within a significant support zone, marked by historical price rejections and strong buyer activity. This area has previously acted as a major support level, suggesting a high-probability reversal zone.

If the price confirms a rejection within this zone, I anticipate an upward move toward the 38.00 level, which represents a logical target for this setup. However, if the price closes below the zone, it would invalidate the bullish setup and signal further downside momentum.

If you agree with this analysis or have additional insights, feel free to share your thoughts!

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