$AVAX – Long Trade Signal.... Strong Rebound from Local Lows

Attempting EMA crossover on a 30-minute chart.....

AVAX sharply rebounded from the support area at $17.50 after a sharp sell-off, forming a short-term reversal pattern.

The price is reclaiming EMA(7) and EMA(25), pushing towards EMA(99) at $18.17 - a key breakout level.

A successful reversal at this level could trigger a continuation towards the resistance area of $18.60–$18.88.

🔹 Trade Setup:

• Entry Point: $17.70 – $17.85

• Stop Loss: $17.42

• Take Profit:

TP1: $18.17

TP2: $18.60

TP3: $18.88

Market Outlook:

A short-term bullish reversal is forming after a sharp decline.

A breakout above EMA(99) at $18.17 could accelerate bullish momentum.

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