AVAX/USDT — Testing the 4H Rising Trendline
Setup: AVAX is consolidating along a rising 4-hour trendline near $24.0–$24.2. The weekly chart shows a neutral technical picture, though daily indicators lean bullish.
Entry: $24.0 – $24.2
TP: $25.5 – $26.0
SL: Below $23.5 (break of trendline could flash a deeper correction)
Why: Holding the 4H support keeps higher-low structure intact. With institutional interest from VanEck's ETF boosting sentiment, this setup has potential for a solid bounce.
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