AVAX/USDT — Short-Term Profit Booking Setup
Entry Zone: $25.00 – $26.00
Position Size: ~37 AVAX (for a $1,000 position)
Take Profit Targets (TP):
TP1: $27.50
TP2: $29.00
Stop-Loss: $24.50
Why This Setup Works — Data-Driven & User-Friendly
1. Strong Intraday Breakout
AVAX surged over 10% today, currently trading near the high of the day. Entering in the $25.00–$26.00 range lets you ride the momentum while managing exposure.
2. Positive Technical Signs & Ecosystem Developments
Avalanche's price recently rebounded 7.7%, trading above the 7- and 20-day SMAs—classic short-term bullish confirmation. Resistance lies at $19.63, but this breakout suggests a higher range is forming.
The ecosystem continues growing with expanding DeFi use and new partnerships, reinforcing structural bullish sentiment.
3. Balanced Risk/Reward Strategy
Stop-Loss at $24.50: Just below today's low to minimize downside.
TP1 ($27.50): ~4%–5% upside—ideal for locking in quick gains.
TP2 ($29.00): ~9%–10% upside—captures extended short-term trend.