Many traders look for complex setups…
I just waited for a clean horizontal support on $AVAX at $27.60
📉 Price had bounced off this level 3 times
👉 Clear signal: Buyers are defending this zone
🛠️ My trade:
✅ Entry: $27.70 (on the bounce candle)
❌ Stop: $26.95 (below support)
🎯 Target: $29.10 (tested resistance)
🔹 Risk: $0.75
🔹 Reward: $1.40
🎯 Risk/Reward = 1.87
🔥 Result: TP hit in under 12 hours
👉 Lesson: Horizontal support works great when it’s clear and tested multiple times
Want me to explain how to draw strong support/resistance zones? Drop a comment 👇