AVAX/USDT, the trading pair of Avalanche (AVAX) and Tether (USDT), is currently displaying interesting price movements that present potential buying opportunities for traders.
The first buying area to consider lies between 14.16 and 14.53. This range has demonstrated historical significance as a support level, making it an attractive entry point for buyers looking to enter the AVAX/USDT market.
Additionally, the second support level to watch out for is at 13.69(also gann number -1369 is square of 37).
Traders should closely monitor the price action if AVAX/USDT approaches 13.69, as it could provide a favorable entry point for a potential upside move towards the resistance levels of 15.50 and 16.50.
Always exercise caution and risk management techniques to protect against unexpected market volatility.
#plan your trade and trade your plan
The first buying area to consider lies between 14.16 and 14.53. This range has demonstrated historical significance as a support level, making it an attractive entry point for buyers looking to enter the AVAX/USDT market.
Additionally, the second support level to watch out for is at 13.69(also gann number -1369 is square of 37).
Traders should closely monitor the price action if AVAX/USDT approaches 13.69, as it could provide a favorable entry point for a potential upside move towards the resistance levels of 15.50 and 16.50.
Always exercise caution and risk management techniques to protect against unexpected market volatility.
#plan your trade and trade your plan