Trade Setup:
COIN: $AVAX /USDT
Leverage: 5-10x
Direction: LONG
Entry Price:
19.50
−
19.50−19.60 (Current price zone, post-confirmation of bullish momentum).
Targets:
Target 1: $19.85 (24-hour high, immediate resistance).
Target 2: $20.00 (Psychological resistance level).
Target 3: $20.50 (Extended bullish target, next resistance level).
Stop Loss: $19.00 (Below EMA 21 and recent support for safety).
Note:
Confirm the breakout above $19.85 with strong volume before holding for higher targets.
Watch for potential profit-taking near $19.85, which could cause a short-term pullback.
Adjust leverage based on risk tolerance, and always use proper risk management.
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