$AVAX /USDT STRONG BOUNCE EXPECTED AFTER AGGRESSIVE SELL-OFF!
$AVAX has faced a sharp drop to the $21.00 zone, testing strong intraday support after a -9.65% decline. The price action shows clear signs of rejection from the lower wick, indicating buyers stepping in. A reversal structure is forming with potential to reclaim higher resistance levels around $24.00.
Trade Setup:
Entry Price: $21.80 – $22.00
Targets: $22.80 / $23.60 / $24.10
Stop Loss: $21.20
Market Outlook:
If AVAX holds above the $21.00 support, it’s poised for a recovery toward the recent highs. Volume spikes at the bottom suggest accumulation, and a higher low formation may confirm a trend reversal.
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