The currency pair Avalanche/Tether (AVAX/USDT) moves from the descending trendline down.
A continuation of the downward movement down to the next support level at 48.340000000 is expected.
Caution: A possible change in the direction of the resistance line at 52.050000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 53.840000000 |
2nd High | 53.620000000 |
Next High | 52.050000000 |
Current Price | 49.240000000 |
Next Low | 48.340000000 |
2nd Low | 48.100000000 |
3rd Low | 42.780000000 |