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AVAX looks ready for another up leg

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AVAX hit our target of $53.61 on Tuesday, and the price is once again attempting to form a head and shoulders pattern, suggesting a potential move lower. However, given the overall bullish market conditions, it’s too early to turn bearish or short.

With that in mind, as long as the price stays above $47.61, which is Tuesday’s low, the upward trend is expected to continue. I anticipate the price to reach the recent highs around $55 per coin, followed by a potential move to $60 per coin.

What’s your take on the AVAX? Share your ideas below!

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