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MyCryptoParadise_Simon
Feb 2, 2024 7:10 AM

AVAX/USDT Ready for an Explosive Bull Run? 👀🚀AVAX Analysis  Long

AVAX / TetherUSBinance

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💎Paradisers, let's turn our gaze to #AVAXUSDT, as it's signaling a potential substantial move from a critical demand level.

💎#Avalanche is demonstrating an upward trend, indicating a likely bullish departure from its current demand zone. We're looking at a retest of the demand level at $27.13, with a significant supply zone on the horizon. If #AVAX maintains above this threshold, it may set the stage for an ascent toward the major supply zone at $47.6.

💎If #AVAX encounters difficulties in holding its ground above the support, a strategic reassessment may be necessary. In that case, we would consider initiating a bullish movement from a lower bullish Order Block (OB).

💎It's imperative to monitor this level closely, as a fall below could result in a considerable bearish trend.

💎Stay vigilant and ready to adapt, Paradisers. Your ParadiseTeam is committed to offering the latest insights and strategic guidance, ensuring you're primed to effectively manage these market changes.
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