#TradingOperations
Spot $AVAX | May 16, 2025
Today, I executed a spot trade on the AVAX/USDT pair, entering at $34.50 after a clean breakout above local resistance with solid volume confirmation. I'm holding this position with a mid-term outlook, aiming for a target around $37.80, while placing a mental stop near $33.40 in case of a retest. This isn't a high-leverage play—just a calculated spot entry based on price action and Avalanche's growing strength in the Layer 1 space. I’ll be monitoring momentum and BTC dominance before adding more. Managing risk and staying patient is key. Let’s see how AVAX performs this weekend.