$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.
#AVAXUSDT #StrategyBTCPurchase #UkraineRussiaCeasefire #NFPWatch #TrumpVsMusk