AVAXUSDT Perpetual Contract

Cryptolean Avalanche AVAX Update

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Avalanche is facing the resistance from $60.

A bullish break-out and the daily candle closure above $60, the key daily resistance, will push AVAX price higher towards $64-$67 and higher to $72 .

A bearish dip to below $54 will result in a decline to re-test $47-$49, the key daily support.


Intraday Chart

لقطة


Unable to sustain the price action above $59.40, the AVAXUSDT 4-Hour chart is having a bearish intraday pullback.

A bearish dip to below $54.30 or, even better, to $47.63-$49.61 and a bullish rejection of one of these levels could offer a long trade towards $59 and higher.

A bullish move from its current price location and a break-out of $59.40 resistance will push #Avalanche to the next target of $63.89-$66.

Support once read!
Thank you.

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