#TradingPairs101 🔥 Trade Setup: AVAX/USDT
🔍 Analysis Summary:
AVAX is showing strong bullish momentum, supported by ecosystem upgrades and favorable rotation in the altcoin market. The price is adjusting towards a key support zone, creating an ideal opportunity for a long position.
📈 Trade Details:
Entry Zone: $20.50 – $21.00
Take Profit (TP): $25.00 – $27.00
Stop Loss (SL): $19.00
Risk/Reward Ratio: ~4:1
Trend: Uptrend with confirmed higher lows and bullish sentiment in the altcoin market.
🎯 Strategy:
Buy when the price approaches the support zone and monitor for continued breakout. Watch trading volume and BTC price action for confirmation.