$AVAX Analysis 4hš
- My expectation is that the price will experience a pullback to the 21.51 support zone in the short term, and if a strong buying reaction occurs here (e.g., pin bar, engulfing, liquidity sweep), it could initiate an upward movement from this point.
- Ideal scenario for long: If liquidity is swept at the 21.51 zone and a strong reversal candle forms, an entry can be made. Targets could be 23.07, 23.85, and 24.79 levels in order. It makes sense to keep the stop-loss below the last swing low, that is, below the 21.51 zone.
- If the price rises to the 23.85-24.79 range and a clear reversal formation occurs here, a short position can be taken. Targets of 23.07 and 21.51 levels should be monitored.
- My bias is that if the price closes below 21.51, the decline will continue, while if it closes above 23.85, the rise will accelerate.#AVAX #AVAXUSD #BTCReclaims120K #ETH4500Next? #analysis
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