Updated

Avaxusdt trading opportunity

Avaxusdt is approaching a significant supply area, and we anticipate this resistance level to exert downward pressure on the price for a period.

We expect a rejection from this zone, and the immediate demand area presents a favorable buying opportunity. In the event that this level fails to hold as a weak support, our focus may shift to the critical demand zone, which we believe will be vigorously defended by bull.

Both areas share the same target as indicated on the chart, with the $110 price level poised for significant pressure once the price breaches the immediate supply zone.

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Trade active

We provided a new buy back area

Note

Still good to accumulate from the current range.

Note

The current price action is retesting a crucial support zone around $15-$18, which aligns with the previous breakout retest. A successful hold at this level could trigger a reversal, leading to a corrective bounce toward the $43.85 resistance, with a potential extension to $65.45 if momentum strengthens. Failure to maintain this support zone, however, could result in a deeper decline, possibly retesting lower structural levels.

Note

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