Trade Setup – Bounce or Breakdown Ahead?
Current Price: $17.93 (–1.65%)
$AVAX is currently sitting at a key support level near $17.72 after a recent pullback. Price is attempting to recover, and if momentum builds, we could see a move toward upper resistance levels.
Trade Setup (Long Idea):
• Entry Zone: $17.90 – $17.95
• Target 1: $18.20
• Target 2: $18.40
• Target 3: $18.52
• Stop Loss: $17.72
Market View:
Holding above $17.90 suggests a potential bounce is in play. However, if $17.72 fails to hold, the bullish setup may be invalidated and further downside pressure could follow.
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