AVAX Review and Price Analysis 09.02.2024

“Avax, having broken its downtrend structure, sought support once again from the $33.70-$33.13 area, which it has turned into a horizontal support, and tested the resistance zone once more.

The current level of $38 has become a significant resistance. Should it close above the $38-$38.65 resistance, it will aim to test the next resistance zone at $43.40. In case of a pullback, the interim support zone at $34.60 is expected to be the first level where a response might be seen.”

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