$AVAX /USDT – Long Trade Entry Opportunity🔥💯
$AVAX is attempting a reversal after a strong downtrend, showing signs of a potential bottom near $17.34. A bullish engulfing pattern is emerging on the 15m timeframe with an initial breakout candle supported by higher volume. The setup targets a retracement toward previous intraday resistance.
Entry: 17.57
Target 1: 17.80
Target 2: 17.98
Target 3: 18.18
Stop Loss: 17.34
Risk Management:
Allocate 3–5% of capital. Shift stop loss to entry after Target 1 is reached to secure gains.
Pro Tip:
If price holds above 17.60 with strong green candles, it could attract intraday momentum buyers. Watch for consolidation before the next leg up.
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