๐ฅ $AVAX /USDT โ Trend Shift in Action, Bulls Gaining Control! ๐
After weeks of downward pressure, $AVAX has flipped the script โ breaking out of its descending channel and reclaiming bullish momentum. The price is now forming a solid ascending trendline and consolidating just below key resistance, hinting at an explosive move ahead.
๐ Trade Setup:
โข Entry Zone: $18.40 โ $18.52
โข Target 1 (TP1): $18.75
โข Target 2 (TP2): $18.95 โ
โข Stop Loss (SL): $18.15
โก Technical View:
Structure flipped bullish with strong support from the rising trendline. Volume gradually increasing on each retest โ ideal conditions for a breakout push.
๐ก Risk Note:
Break below $18.15 invalidates the setup. Always use proper risk management.
๐ Strategy Breakdown:
We're playing the breakout continuation after a confirmed trend reversal. Tight consolidation near resistance plus clean structure favors a move toward the $19 area, with reduced downside risk due to the rising base.
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