$AVAX / USDT – Long Trade Insight
Current Price: $23.94
Timeframe: 1h
Support Zone: $22.70
Resistance Zone: $24.65
Entry Range: $23.68 – $23.88
Profit Targets:
• TP1: $24.25
• TP2: $24.55
• TP3: $25.10 (stretch target)
Stop Loss: Below $22.55
Market Outlook:
$AVAX is showing impressive strength after bouncing off its recent support at $22.70. Buyers are stepping in aggressively, and the momentum is leaning heavily in favor of the bulls. A clean break above the $24.00 mark could set the stage for a swift rally toward $25.00 and beyond.
Why It Matters:
Momentum Heating Up: Increasing buying volume hints at growing confidence among traders.
Solid Support: $22.70 has acted as a reliable base, rejecting downward pressure multiple times.
Breakout Potential: Pushing past $24.00 may trigger a wave of fresh long positions.
Game Plan:
Watch for entry opportunities around $23.68 – $23.88. First upside checkpoint at $24.25, with eyes on $24.55 and a potential final push toward $25.10. Keep your stop loss tight below $22.55 to safeguard capital.
Stay watchful — if the bulls keep control, things could move fast.
