$AVAX

/USDT Trade Setup – Breakout Watch

Avalanche (AVAX) is trading around $23.42 after recovering from a $22.23 low and testing resistance near $23.54. The 1H chart shows bullish momentum building, though resistance at $23.5–24.0 remains a key barrier.

📈 Long Trade Setup

Entry: $23.3 – $23.5 (on breakout confirmation)

Target 1: $24.0

Target 2: $24.6

Target 3: $25.2

Stop-Loss: $22.8

Reasoning: Strong recovery trend with higher lows suggests bulls are in control. Break above $23.5 may trigger continuation.

📉 Short Trade Setup

Entry: $23.4 – $23.5 (if resistance holds and rejection confirms)

Target 1: $22.9

Target 2: $22.5

Target 3: $22.0

Stop-Loss: $24.1

Reasoning: If buyers fail to push past $23.5–24.0, price could pull back toward $22 support.

✅ Conclusion: AVAX is at a critical zone. Breakout above $23.5–24.0 opens room for upside toward $25+, while rejection could send it back below $23.

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