🚀 $AVAX /USDT – Long Trade Signal Alert!
🔹 Current Price: $22.29
🔹 24H High / Low: $23.14 – $21.77
🔹 Change (24H): +1.97% (early signs of bullish recovery after a corrective move)
📊 Market Overview:
Recovery From Local Support: Price rebounded strongly from the $21.35 area, showing signs of demand returning.
EMA Alignment: EMA(7) is crossing above EMA(25), signaling a potential shift in short-term momentum. EMA(99) at $22.89 acts as immediate resistance.
Volume: Noticeable increase in buying activity suggests accumulation after the recent dip.
Trend Context: After correcting from $27.38, AVAX is now forming a higher low structure on the 4H chart, suggesting a base for the next leg up.
📈 Trade Setup (Long Idea):
Entry Zone: $22.10 – $22.40 (ideal buy zone on pullback)
TP1: 🎯 $23.50 (EMA(99) breakout confirmation target)
TP2: 🎯 $25.00 (mid-range resistance)
TP3 (Final): 🎯 $27.30 (previous swing high)
Stop Loss: ❌ Below $21.30 (recent local support).
🔍 Pro Tip:
A strong close above EMA(99) at $22.89 with volume will validate bullish continuation. Watch for a pullback entry near EMA(7) for optimal risk/reward.
🚀 Indicators favor a potential upside if AVAX holds above $21.80 and breaks $22.90 with strength.