💥$AVAX Gains Momentum with a +12.31% Surge!🔥

🌟Current Price: 22.90 USDT (+12.31%)

🌟24-Hour High: 23.08 USDT (Key resistance zone)

🌟24-Hour Low: 20.34 USDT (Critical support level)

Volume (24H):

🌟AVAX Traded: 3.65M

🌟USDT Equivalent: 79.67M

⚡AVAX has experienced a +12.31% increase, demonstrating strong buying momentum. Currently, the price is consolidating near the resistance zone, indicating that a breakout could be imminent if the momentum continues.

⚡Technical Indicators🌐

1. RSI: Likely in a bullish zone; monitor for overbought conditions

2. MACD: Reflects strong bullish momentum

3. Bollinger Bands: Widening, suggesting increased volatility and potential trend continuation

⚡Trading Setup🤑

🎖️Bullish Scenario

Type: Breakout Trade

👉Entry Point: Above 23.10 USDT (confirmed breakout with rising volume)

👇Take-Profit Targets:

🎯TP1 (1:1): 23.50 USDT

🎯TP2 (1:2): 23.90 USDT

💢Stop Loss: Below 22.70 USDT

🎖️Bearish Scenario

Type: Pullback Trade

👉Entry Point: Below 22.50 USDT (on confirmed rejection at resistance)

👇Take-Profit Targets:

🎯TP1 (1:1): 22.10 USDT

🎯TP2 (1:2): 21.70 USDT

💢Stop Loss: Above 22.70 USDT

⚡Risk Management Strategy⚠️

For Bullish Setup, once TP1 (23.50 USDT) is hit:

Move Stop Loss to Breakeven (Entry Price)

Secure profits by closing 50% of your position, while holding the rest for extended targets

For Bearish Setup, apply the same approach to safeguard gains at TP1 (22.10 USDT)

⚡Key Notes🗝️

1. Confirm breakout or pullback moves with substantial trading volume to avoid false signals

2. Keep a close eye on 23.08 USDT resistance level—a decisive breach could drive further upside momentum

3. Volatility is high; stay disciplined with your risk management strategies

Disclaimer: #DYOR*

Buy Or Trade With Me On $AVAX

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