buy
AVAX Eyes $50 If Daily Resistance Breaks
I'm watching Avalanche (AVAX) as it tests daily resistance. I expect a breakout could push the price toward $50 soon.
I'll wait for a confirmed daily close with volume before adding significant size to avoid a false breakout.
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Analysis
Price action shows AVAX at daily resistance, indicating bullish momentum but also risk of rejection; confirmation via increased volume and a clean daily close above resistance would strengthen the bre...
Recommendation
Consider buying on a confirmed breakout or on weakness near support with modest position sizing and tight stops to limit downside risk.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.