Coin Name: $AVAX
Position: LONG
Entry Price: 22.185
On the 1-hour timeframe, AVAX has formed a falling wedge — a bullish chart pattern. It has already broken above the upper trendline, and a successful retest could offer a strong long entry opportunity. Additionally, the RSI has reached the supply zone, indicating potential momentum buildup.
Please note: This is not financial advice. Trade at your own risk.
On the 1-hour timeframe, USDT.D is forming a descending triangle — a typically bearish pattern. If it breaks below the lower trendline, it could signal increased risk appetite, potentially triggering a bullish move across the crypto market.
Leverage: 5X
Targets:
1st TP 23.05
2nd TP 23.77
3rd TP 25.00
📌 Special Note:
⚠️ Use only 5% of your portfolio 💼 to manage risks effectively. Avoid high leverage 🚫 and proceed cautiously to mitigate potential losses 📉. Always prioritize risk management and use the DCA method ✅.
$AVAX
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