In our latest review, AVAX was exhibiting a bearish trend, characterized by lower highs and lower lows.
However, the trend has now shifted, with a daily candle closing above $37.5, indicating a potential change in momentum.
Bullish scenario
Key resistance levels to watch are at 41.6 (previous pivot high), followed by 48.18, 56.47, and 68.
bearish scenario
supports 38.26, 34.75 in 50 ema, 30.5, 27.8 pivot low
However, the trend has now shifted, with a daily candle closing above $37.5, indicating a potential change in momentum.
Bullish scenario
Key resistance levels to watch are at 41.6 (previous pivot high), followed by 48.18, 56.47, and 68.
bearish scenario
supports 38.26, 34.75 in 50 ema, 30.5, 27.8 pivot low
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