$AVAX /USDT (4H Chart) – Updated Trend & Trade Setup - Your chart shows a symmetrical triangle with price testing ascending trendline support, suggesting potential for an upside breakout if buyers step in.
✅ Entry Zone:
Current Price: ~22.72 USDT
Ideal Entry Range: 22.51 – 23.00 USDT (support zone + triangle base)
🎯Targets (TP):
TP1: 23.28 USDT (EMA50 + trendline resistance)
TP2: 25.00 USDT (mid-level breakout range)
TP3: 30.00 USDT (measured move target from triangle)
❌ Stop-Loss (SL):
SL Level: 21.47 USDT
(Below structure support & invalidation of triangle)
📈 Trend Summary:
🟢 Price is respecting ascending support trendline
🟡 Trading just below EMA50 – watch for breakout confirmation
⚠️ Caution: Failure to hold 22.50 zone = retest of 21.50
Bias: Bullish potential if breakout occurs
Outlook: Attractive R:R setup if support holds.
