$AVAX /USDT – Long Trade Setup
Current Price: $21.73
Support Level: $20.60
Resistance Level: $23.40
Trade Targets:
TP1: $23.00
TP2: $25.20
TP3 (Final Target): $27.80
Stop Loss: $19.80
Avalanche ($AVAX) is maintaining its position above the $20.60 support level, indicating the potential for continued upward movement. A confirmed breakout above the $23.40 resistance could pave the way for a strong rally toward the $27.80 target. The market structure remains constructive, supported by increasing volume and growing optimism in the Layer-1 ecosystem. Traders should wait for momentum confirmation and manage risk with a stop loss set at $19.80 to guard against any sudden pullbacks or resistance rejections.
