$AVAX 🚀 BULLISH MOMENTUM 🚀

CHART OERVIEW:

Current Price & Momentum

Avalanche (AVAX) is trading at $24.47 USD, bouncing between intraday lows of $22.70 and highs around $24.48.

AVAX also recently broke out of a descending channel and rebounded off the lower boundary of a long-standing symmetrical triangle—around its 50-week moving average, hinting at a longer-term uptrend resumption.

Trading Strategy

Strategy Type Entry Zone Stop-Loss Targets

Aggressive Long $24.20–$24.50 (current) Below $22.70 $26 → $28–$30

Breakout Setup Confirm close > $26 Below $25.00 $28 → $35 → $54.80 (longer-term)

Dip Buy $20.60–$22.00 Below $20.00 $24 → $26

Tactical Notes

1. Aggressive Long:

Enter now between $24.20–$24.50 with a tight stop around $22.70 to capitalize on momentum toward $26, and potentially pushing higher to $28–$30.

2. Breakout Play:

Wait for a clear daily close above $26. A breakout here—especially with strong volume—could fuel a run toward $28, eventually aiming for $35 and even up to $54.80 if extended.

Risk Management:

Stick to position sizing under 2% of capital.

Scale out partial profits as targets are met to lock in gains.

Use breakout close confirmation and ideally increased volume for higher-confidence entries.

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