AVAXUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
AVAXUSDT running in negative trend and its immediate strong resistance are 32.36 to 32.38 level . Stop loss is 34.18 level and it can fall below 30.58 level because expectation for irregular correction at that level .Intraday purpose selling is better for targets 32, 31.80 and 31.50 levels respectively with stop loss 34.18 level.
QUICK FUNDAMENTAL LOOK
Avalanche (AVAX) has been on a phenomenal upward trend as overall market optimism has buoyed it. Recently, the token surpassed crucial resistance levels fueled by recent Federal Reserve rate cuts and Donald Trump’s election victory.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .