$AVAX
📊 AVAX/USDT – 1H Channel Accumulation Setup

🕐 Timeframe: 1H

💰 Current Price: $23.16

📈 Trend Context: AVAX is respecting a broad ascending channel. Price is now pulling back toward the lower boundary, offering a potential long setup if support holds.

🟩 Entry Plan (Long Bias):

📌 Entry Options:

Aggressive Entry: $23.00 – $23.30 (current pullback zone)

Dip Buy Entry: $22.00 – $22.30 (channel support zone confluence)

Breakout Entry: Above $25.80 with strong volume (channel midpoint reclaim / breakout)

🎯 Take-Profit Targets:

TP1: $25.00 (previous rejection area)

TP2: $26.80 (local high / pre-drop level)

TP3: $27.80 – $28.50 (upper channel boundary)

🛡️ Stop-Loss:

SL: $21.70 (below channel support & recent demand wick)

⚖️ Risk-Reward Tip:

Entry: $23.00

SL: $21.70

TP2: $26.80 → Risk:Reward ≈ 2.92:1

Secure partials at TP1, trail stop above breakeven.

🔄 Alternate Bearish Scenario:

If AVAX loses $21.70 with high volume:

📉 Next support zones: $20.20 and $18.70

✅ Confirmation Triggers:

🔸 Strong 1H bullish engulfing near $23.00

🔸 Bullish divergence on RSI / MACD

🔸 BTC holding $67K+ or bouncing from support

🔥 Signal Strength:

Medium-High – Price is close to key support in a broader uptrend structure. If bulls reclaim $24.00 with volume, signal strength will turn High.