$AVAX

Trade Plan for AVAX/USDT 📈

✅ Entry Zone: Buy within $25.75 – $25.78, near the current support level and just above the 7-period MA (25.78).

⛔ Stop Loss: Set at $25.70 (below the recent swing low of 25.71 and psychological support).

🎯 Profit Targets:

Target 1: $25.85 📍 (Move stop to breakeven—aligns with resistance from the order book)
Target 2: $25.90 🎯 (Approaches the 25-period MA)
Target 3: $26.25 🚀 (Recent 24h high)

📊 Risk/Reward Ratio: 3:1+ ⚖ (Conservative exit at 2:1 if momentum stalls near 25.85).

Key Observations:

Neutral Short-Term Momentum: Price is down -4.29% in the last 24 hours, trading near the 7-period MA (25.78) and above the 25-period MA (24.69), suggesting a potential consolidation phase with a slight bullish bias.
Volume: Recent volume shows moderate activity (81.71K AVAX), with a slight uptick in the last candle, indicating possible buying interest. Confirm breakout with volume above 90K AVAX.
RSI Estimate: RSI isn’t directly shown, but given the price stabilization after a downtrend, it’s likely near 45–50 (neutral). A move above 60 would confirm bullish momentum.
Order Book Pressure: Sell orders at 25.79 (297.49 AVAX) indicate resistance, while buy orders at 25.78 (31.59 AVAX) suggest near-term support.

🔄 Strategy:

Enter on a 15-minute candle close above 25.78 with increasing volume to confirm buyer interest.
Trail stop below the 7-period MA (25.78) after Target 1.
Watch for rejection at 25.85 resistance or the 24h high (26.25) for early exit if momentum weakens.

Trade wisely! 🚀💰

Note: Crypto markets are volatile—scale in/out and monitor broader market sentiment to manage risk.