$AVAX /USDT BULLISH BREAKOUT SETUP šš„
Current Price: $21.12 (+1.10%)
24H Range: $20.18 ā $21.18
Volume (24H): 2.34M AVAX / $48.64M USDT
š TECHNICAL OUTLOOK:
AVAX/USDT is showing strength after bouncing from the key support near $20.20, forming higher lows and now testing the minor resistance around $21.20. A breakout above this level can ignite a bullish move.
š KEY LEVELS:
Resistance: $21.20 š¼ / $21.60 š„
Support: $20.60 š” / $20.20 š§±
Current Price: $21.12
š TRADE SETUP (LONG):
ā Entry: $21.15 ā $21.25 (on breakout confirmation)
šÆ Targets (TP):
⢠TP1: $21.60
⢠TP2: $22.20
⢠TP3: $23.00 š
š Stop Loss (SL): $20.60 (below previous support)
š§ RISK MANAGEMENT:
Risk only 1-2% of your capital per trade. Use position sizing and SL strictly to protect equity. Avoid chasing ā wait for breakout confirmation. šš
š¢ Momentum favors bulls ā watch volume on breakout! šā
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