The combination Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline downwards
The bearish trend downwards to the next support level at 40.670000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 47.930000000 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 47.930000000 |
Current Price | 40.270000000 |
Next Low | 40.670000000 |
2nd Low | 38.310000000 |
3rd Low | 35.180000000 |