$AVAX Rebounds Strongly — Eyes Break Above $22
$AVAX has bounced back impressively, now trading at $21.97 (+3.39%) after recovering from the 24H low of $21.15. The 4H chart shows a sharp reversal from the recent downtrend, with bulls pushing toward the 24H high of $22.00.
Long Trade Setup:
• Entry Zone: $21.80 – $22.00
• Target 1: $22.60
• Target 2: $23.40
• Target 3: $24.50
• Stop Loss: $21.30
Technical View:
AVAX is reclaiming lost ground with strong green candles and a smooth reversal pattern. If price breaks and holds above $22, it may confirm a bullish trend continuation toward $23+. Order book shows near-even buyer-seller strength (Buy: 50.65%).
Risk Management:
Set a stop loss below the recent swing low. Secure partial profits as targets approach. Monitor resistance at $22 — a clean breakout may trigger fresh entries from swing traders.