$AVAX BULLISH BREAKOUT SETUP – READY FOR UPTREND CONTINUATION

📈 Current Price: $19.51 (+3.17%)

🔍 Overview: $AVAX is showing a strong bullish momentum after bouncing from the recent support zone and now pushing towards key resistance. A breakout could fuel a move toward higher targets.

🔑 Key Technical Levels:

Resistance Levels:

🔺 $20.00 – Minor psychological and horizontal resistance

🔺 $21.00 – Previous high zone

🔺 $23.00 – Major breakout target

Support Levels:

🟢 $19.00 – Recent bounce level

🟢 $18.73 – 24h Low and local demand zone

🟢 $18.00 – Strong support if correction deepens

📊 Indicators:

Volume: Increasing, suggesting accumulation.

SMA/EMA: Price is above short-term MAs on 1H and 4H, confirming bullish bias.

RSI: Hovering around 60–65 – not overbought, room for further upside.

🟩 Trade Setup (Long Entry):

Entry: $19.50 – $19.70 (current level or slight pullback)

Take Profit (TP):

🎯 TP1: $20.50

🎯 TP2: $21.20

🎯 TP3: $23.00

Stop Loss (SL): $18.70 (below recent support)

⚠️ Risk Management:

Risk only 1–2% of your capital per trade.

Use trailing SL as the price moves in your favor.

Monitor BTC & market sentiment to confirm momentum.

🔥 Summary: $AVAX is setting up for a bullish continuation after reclaiming the $19.00 zone. If it sustains above this level and breaks $20.00 with volume, we could see a rapid move to $21+ in the short term.

📌 Stay alert for confirmation candle closes on the 4H chart.

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