$AVAX /USDT BULLISH RECOVERY IN MOTION | LONG TRADE SETUP OFF SUPPORT
Current Price: $20.93 (+1.16%)
Trend: Recovering from recent dip — holding above $20.20 support with volume gradually building.
KEY LEVELS TO WATCH:
Resistance Zones:
• $21.08 – 24h high / immediate resistance
• $21.40 – Breakout target
Support Zones:
• $20.20 – 24h low / solid support zone
• $19.80 – Major trendline bas
TRADE SETUP – LONG POSITION:
Entry: $20.80 – $21.00
Target 1 (TP1): $21.40
Target 2 (TP2): $22.00
Stop Loss (SL): $20.10
RISK MANAGEMENT:
Limit risk to 1-2% of capital. Confirm bullish momentum (15m/1h close above $21) before entry. Use a trailing SL as price moves up.
Summary: $AVAX is bouncing from strong support, with potential for continuation if $21.08 is broken. Bullish signs are forming — watch for breakout volume.
BUY THE DIP. FOLLOW THE STRENGTH.
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