$AVAX /USDT - Buy trade signal
Current price: $23.94
Time frame: One hour
Support level: $22.65
Resistance level: $24.63
Entry area: $23.70 - $23.90
Trading targets:
• TP1: $24.20
• TP2: $24.50
• TP3: $25.00 (final target)
Stop loss: Below $22.50
Trading settings:
AVAX stock has shown strong momentum after a strong rebound from the support level at $22.65. With a breakout above $24.00, there appears to be a bullish trend towards $25.00 that is promising. The upward trend continues, and with increasing trading volume, the price targets at $24.50 and $25.00 are realistic.
Key notes:
Bullish momentum: AVAX stock is experiencing a strong rebound with strong buying pressure.
Support level stability: The main support level at $22.65 is holding well, providing a solid foundation for further price movement.
Breaking the resistance level: Any move above $24.00 will indicate the continuation of the upward trend towards higher targets.
Action:
We recommend entering a price range between $23.70 and $23.90 with targets at $24.50 and $25.00. Keep the stop loss below $22.50 for protection.
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