$AVAX /USDT Trade Setup
Current Overview:
Price: 22.10 (0.00% change)
24h High: 22.80
24h Low: 21.65
Volume: 30.02M USDT
MA60: 22.01 (neutral to slightly bullish)
Bullish Scenario:
AVAX is holding steady with a neutral price action. If the price maintains support above the MA60 (22.01) and shows a breakout above 22.16, it may continue upwards.
Entry Zone: 22.10 - 22.01 (support near MA60 or slight dip)
Stop Loss: 21.60 (below the recent low)
Target Levels:
TP1: 22.50 (psychological level/resistance)
TP2: 22.80 (previous high)
TP3: 23.00 (next potential resistance)
Bearish Scenario:
If the price falls below 22.00 and breaks the MA60, we may see a potential retracement.
Entry Zone: 22.05 - 22.10 (if price starts weakening near MA60)
Stop Loss: 22.30 (above recent resistance)
Target Levels:
TP1: 21.65 (previous low)
TP2: 21.50 (stronger support zone)
Key Levels to Watch:
Summary:
Above 22.01 = Bullish, targeting 22.50 - 22.80
Below 22.00 = Bearish, targeting 21.65 - 21.50
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