๐ $AVAX Market Snapshot
#DOGE
Current Price: ~$26.84
Weekly Gain: +40%
Recent Low: $14.66 (April 2025)
Breakout Zone: $23 (Cup & Handle neckline)
Pattern: โ 2-month Cup-and-Handle (bullish continuation)
๐ Key Technical Levels
Level TypePrice RangeImportanceโ
Support 1$23Neckline retest zoneโ
Support 2$20Trendline and breakout base๐ง Resistance 1$27Key sell wall๐ฏ Target 1$32โ$35First breakout target (+20โ30%)๐ฏ Target 2$38.5Second sell wall๐ Bullish Target$42.5โ$46.5Final upside wall in current cycle
๐ Trade Setup: AVAX/USDT
๐ฅ Long Trade Idea (Momentum-Based)
Entry: Break and close above $27 (on 4H or daily candle)
TP1: $32
TP2: $35
TP3 (optional): $38.5
Stop-Loss: Below $24.50 (tight) or $23.00 (conservative)
๐ Pullback Entry (Retest-Based)
Entry: $23โ$24.50 zone (cup handle neckline + minor demand)
TP1: $27
TP2: $32
SL: Below $22
๐ Technical Summary
โ
Pattern: Clean Cup-and-Handle breakout
โ
Volume: Rising on breakout, confirming momentum
๐บ Trend: Higher highs + reclaim of long-term range
โ ๏ธ Risk: Rejection at $27 may cause pullback to $23 or even $20
๐ง Conclusion
If AVAX breaks $27, we likely see acceleration toward $32โ$35.
Rejection could trigger a healthy pullback for re-entry between $23โ$24.50.
Macro-level cycle suggests itโs early in a new accumulation-to-breakout phase.