Based on the 30-minute chart for AVAX/USDC.
Chart:
Current Price: 22.391
24h High: 23.010
24h Low: 21.758
Recent High: Resistance near 23.010
Recent Low: Support around 21.758
Market Movement: Small recovery after hitting the low, but facing resistance.
Low-Leverage Trade Setup (1-3x Leverage)
Long Trade (Buy)
Entry: 22.25 – 22.30
Take Profit (TP): 22.90 – 23.00 (near resistance)
Stop Loss (SL): 21.75 (below recent low)
Risk-Reward Ratio: ~1.5 to 2x
Conditions to Enter Long:
Price holds above 22.20
Bullish candle formation near entry zone
Volume increasing on green candles.
