Hello✌️
Let’s analyze Avalanche’s price action both technically and fundamentally 📈.
🔍Fundamental analysis:
Big funds just asked for an AVAX spot ETF. If approved, it could bring new money in, like what happened with Bitcoin’s ETF.
But if regulators delay, AVAX price might just stay flat for longer.
📊Technical analysis:
AVAXUSDT is currently trading near a significant daily support level in confluence with a well-established trendline; if this zone holds, the setup suggests a possible upside move of around 18% toward the 33.5 level. 📊🚀
📈Using My Analysis to Open Your Position:
You can use my fundamental and technical insights along with the chart. The red and green arrows on the left help you set entry, take-profit, and stop-loss levels, serving as clear signals for your trades.⚡️ Also, please review the TradingView disclaimer carefully.🛡
✨We put love into every post!
Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale
