As of May 28, 2025, Avalanche (AVAX) is trading at approximately $23.27 USD, reflecting a slight decline of 0.81% over the past 24 hours.
📈 Futures Trading: Entry & Stop Loss Strategy✅✅
A recent swing trade setup for AVAX/USDT suggests the following parameters:
Entry Point: $23.57
Take Profit (TP): $32.53
Stop Loss (SL): $17.16
Leverage: 0–2x (Isolated Margin)
Risk/Reward Ratio: 1.4
Timeframe: 5–15 days (8-hour chart)
The strategy includes closing 60% of the position at $28.59 and adjusting the stop loss to the entry price to mitigate risk.
🔍 Market Outlook✅
Support Levels: Key support is observed around $20, with stronger support near $16.
Resistance Levels: Immediate resistance is at $24, followed by a significant level at $30.
Technical Indicators: The Relative Strength Index (RSI) on the 4-hour chart indicates oversold conditions, suggesting a potential short-term rebound.
🧠 Summary✅✅
Short-Term: AVAX is exhibiting consolidation with potential for upward movement if it surpasses the $24 resistance level.
Long-Term: Analysts project that AVAX could reach $250 by 2029, indicating a bullish long-term outlook.
If you require further details on technical indicators or assistance in setting up a trading plan, feel free to ask!
