Avalanche

AVAX/USD: Struggling Near Key Support, Breakout Needed

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🔥 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

Penafian

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