$AVAX

🧊 AVAX/USDT – Long Setup (Breakout & Retest Play)

🕒 Timeframe: 1H

💰 Current Price: $25.316

📊 Trend Context: Reversal from downtrend into strong breakout momentum. Clean bullish structure forming.

🔍 Technical Notes:

🔹 Clear breakout from previous consolidation range ($21.50–$24.50)

🔹 Strong bullish engulfing candles with increasing volume → momentum confirmation

🔹 Price testing prior resistance zone around $25.50–$26.00

🔹 Volume spike on breakout suggests follow-through likely

🔹 Next major resistance lies around $27.30 and $28.50 (April high zones)

🟩 Entry Plan:

📌 Entry Zone:

$24.80 – $25.30 (buy on slight pullback or consolidation)

Aggressive entry at current price with tight risk control

🎯 Take-Profit Targets:

🎯 TP1: $26.50

🎯 TP2: $27.30

🎯 TP3: $28.80

🛡️ Stop-Loss:

🔻 SL: $23.90 (below last consolidation & EMA support)

⚖️ Risk-Reward Tip:

Entry: $25.30 | SL: $23.90

TP2: $27.30 → Risk:Reward ≈ 1.4 – 2:1

🛡️ Consider trailing SL to $24.80 after TP1

✅ Confirmation Triggers:

🔸 Retest and hold of $24.80 zone on low volume

🔸 BTC stable above $67K

🔸 Volume on breakout candles remains higher than average

🔥 Signal Strength:

High – Breakout backed by volume, bullish momentum across market; technical structure is clean with minimal overhead resistance until $28+