AVAX - Key Levels to Watchout

AVAXUSDT

Recently, AVAX has a made a beautiful parabolic move. After reaching an ATH of $64, it receded along with the entire market. At the time of writing this AVAX/USDT was exchaging hands at $53.47.

We anticipate that the price will find resistance at:
R1 - $58.87
R2 - $64.64

If the current momentum is broken and the price treads below the median Bollinger Band line it will likely find support at:

S1 - $48.45
S2 - $43.53
S3 - $40.22

In case you wanted to build a position in AVAX, now you have the levels. Happy Trading!

Asad Rindani
Co-Founder Crypto Swordfish