$AVAX

🟢 AVAX/USDT – Channel Top Rejection or Breakout Opportunity

🕐 Timeframe: 1H

💰 Current Price: $25.45

📊 Trend Context: AVAX is trading near the upper boundary of a rising parallel channel. It recently made a strong upward move and is consolidating just below resistance, indicating a potential breakout or pullback.

✅ Entry Plan:

Breakout Entry: Long on break and hold above $25.90orAggressive Entry: Accumulate on dips near $24.80 – $25.10orRetest Entry: Buy the retest of $25.00 after breakout above $25.90

📌 Entry Zone:

Primary Buy Zone: $24.80 – $25.10

Breakout Buy Trigger: $25.90+

🎯 Take-Profit Targets:

🎯 TP1: $26.50

🎯 TP2: $27.20

🎯 TP3: $28.00 (upper channel resistance)

🛡️ Stop-Loss:

🔻 SL: $24.40 (below short-term support and channel midline)

⚖️ Risk-Reward Example:

Entry at $25.05 | SL $24.40 | TP2 $27.20 → RR ≈ 3.3:1

Trail stop above $26.50 after TP1 is hit

🔍 Confirmation Triggers:

✅ Volume spike > 1M on breakout

✅ Candle close above $25.90 with momentum

✅ RSI holding above 60

🔥 Signal Strength:

Moderate-Strong – Needs breakout confirmation; structure favors trend continuation if bulls hold key support.