$AVAX /USDT
Direction: LONG 🟢
Current price: $26.07
Entry zone: $25.80 – $26.20
Stop-loss: $24.50
Take-profits:
TP1 — $27.50
TP2 — $28.50
TP3 — $30.00
🧐 Why LONG:
Support at $25.80: the price has bounced off this zone several times, confirming its strength.
• Buying volume is increasing, indicating heightened interest from buyers.
• The RSI indicator on the 4-hour chart shows oversold conditions, which may indicate readiness for a reversal.
🔸 Fundamental news: recent updates in the Avalanche ecosystem have attracted investor attention, which may contribute to price growth.
⚠️ Not financial advice. Trade wisely and adhere to risk management.