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❄️ Avalanche (AVAX) Trading Strategy – Updated on 24/5/2025
Current Price: $23.35 USD
24h Change: -9.66%
24h Trading Volume: ~$697 million USD
Market Capitalization: ~$9.79 billion USD
Circulating Supply: ~421 million AVAX
ATH: $147.50 USD (21/11/2021)
ATL: $2.80 USD (31/12/2020)
Source:    
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📈 Trading Strategy
Long (Buy):
• Entry: $22.50 – $23.00
• Stop Loss (SL): $21.00
• Take Profit (TP): $26.00 – $28.00
• Success Probability: 70%
• Reason: AVAX is trading near a strong support level at $22.50, with increasing trading volume and buy signals from RSI and MACD. 
Short (Sell):
• Entry: $26.00 – $27.00
• Stop Loss (SL): $28.50
• Take Profit (TP): $23.00 – $22.00
• Success Probability: 65%
• Reason: If the price fails to break the resistance level of $27.00, a downward correction to the support level of $22.00 may occur.
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