$AVAX /USDT BULLISH RECOVERY IN ACTION — STRONG BOUNCE FROM LOCAL SUPPORT!
$AVAX is currently trading at $23.71, up +1.67% on the day. After a sharp rejection near the $22.77 low, the pair showed an aggressive bounce, reclaiming mid-range resistance. A sustained close above $23.80 will confirm strength and may fuel a fresh move toward the $24.40 zone.
Trade Setup (Long):
Entry Zone: $23.65 – $23.80
Take Profit (TP): $24.35 / $24.90
Stop Loss (SL): $23.20
Market Outlook:
AVAX is showing signs of intraday strength with quick recovery wicks and healthy volume. If buyers defend the $23.50 support area, we could see a continuation toward the recent 24h high. However, resistance remains stiff around $24.40, and bulls need conviction to break higher.
Risk Note: Be cautious of false breakouts; adjust SL on lower timeframes.
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