Trade Strategy for $AVAX /USDT
#possible_breakout_maybe_coming
1. Long Trade (Buying Strategy)
Entry Price: $25.60 - $25.80 (After confirmation above resistance)
Target Level: $26.90 - $27.50
Stop Loss: $25.20
Key Breakout Level: $25.79 (MA(25) resistance)
2. Short Trade (Selling Strategy)
Entry Price: $25.50 - $25.70 (If price rejects resistance)
Target Level: $24.80 - $24.50
Stop Loss: $26.10
Key Breakdown Level: $25.42 (24h low, if broken expect further downside)
Key Notes:
Trend: Slight recovery, but overall bearish below MA(99) ($29.87)
Risk Management: Maintain at least a 1:2 risk-reward ratio
Volume Confirmation: Watch for strong volume at breakout/breakdown levels
Trade wisely!
