$AVAX /USDT TECHNICAL ANALYSIS: BULLISH REVERSAL FORMING 🔄🚀
$AVAX is currently trading at $21.19, showing early signs of bullish momentum after holding above key support levels. Price is forming a potential reversal pattern with eyes on reclaiming resistance.
📊 KEY LEVELS:
Resistance: $21.35 🔼, $21.50 🚀
Support: $21.00 🛡️, $20.14 ⚠️ (24h Low)
📈 MARKET OUTLOOK: BULLISH AVAX is forming a higher low structure on the 30m–4H timeframes, signaling the bulls may push for a breakout above $21.35. If volume increases and the price clears $21.50, a strong rally could follow.
🟢 TRADE SETUP: LONG ENTRY
Entry: $21.10 – $21.20
Take Profit (TP):
TP1: $21.50
TP2: $22.20
Stop Loss (SL): $20.70
🧠 Risk Management:
Risk only 2% of your capital, use tight SLs and consider scaling out profits at each TP. Stay patient in choppy markets.
#MarketPullback #TrumpTariffs #BinanceAlphaAlert #SouthKoreaCryptoPolicy #BigTechStablecoin $AVAX