We are already forming a series of ideas on the AVAXUSDT trading pair. We published the last of them a week ago. During the week, our assumptions are confirming that the AVAXUSDT trading pair is currently consolidating with a set of long positions. The trading delta shows the superiority of purchases over sales in the period from 06/26 to 07/13 Also, for almost a month, the Avax price has been consolidating above the critical support level above $15.
Such input data for Avalanche token price gives the right to enter a medium-term trade: Entrance $16.50 Stop $14.54 (-12%) TP1 (50% position) - $26.74 (+62%) TP2 (50% position) - $29.94 (+82%) P/L ratio 7/1
Fixing the AVAXUSD price below 15 dollars paves the way for the price to fall to the region of 12 dollars.
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