$AVAX – Long Trade Signal 🟢

🔹 Strong rebound from local lows

🔹 Attempted EMA crossover on the 30-minute chart

AVAX sharply rebounded from the support area at $17.50 after a sharp sell-off, forming a short-term reversal pattern. The price is reclaiming EMA(7) and EMA(25), pushing towards EMA(99) at $18.17 - a key breakout level. A successful reversal of this level may trigger continuation towards the resistance area of $18.60–$18.88.

🔹 Trade Setup:

• Entry Point: $17.70 – $17.85

• Stop Loss: $17.42

• Take Profit:

TP1: $18.17

TP2: $18.60

TP3: $18.88

• Margin: 2–3% of the portfolio

• Leverage: 10x

Market Outlook:

A short-term bullish reversal is forming after a sharp decline. A breakout above EMA(99) at $18.17 may accelerate the upward momentum.