Current crypto analysis for AVAX is consolidating around 20.95, right at the upper limit of the 50% Discount Zone. The temporary structure is still safe as the price had a good bounce from the OB Bottom in the range of 18–19.
Ideal Buy Area Range: 19.2 – 18
Reasons: → New OB Bottom area has been retested. → Still within the discount zone → potential cheap entry with an attractive RR. → Suitable for entry if bullish confirmation (PA/candle pattern) appears around that area.
⚠️ Attention
If AVAX breaks down and closes below 18, be wary of further decline to the next OB area in the range of $14–12 or even lower. The structure will start to lose its bullish strength.
→ $ENA just pulled back from the Swing Low Structure around 0.28, then bounced back quite solidly and is now in the range of 0.3296, approaching the 50% Premium Zone.
The previous structure had a broken (BOS), but now there is starting to be a fairly consistent buyer resistance.
→ Ideal Buy Area (Low-Risk Entry) Range: 0.3 – 0.285
Reason:
→ Close to OB Bottom + swing low structure → strong demand zone. → A bullish reaction has occurred, indicating potential reversal. → Low risk, high reward if the price returns to the premium zone.
Beware of This:
→ If ENA fails to continue rising and strong rejection appears from 0.34–0.36 (OB top + premium zone), then the possibility of falling again is quite high.
→ Break below 0.28, the structure could become a bearish continuation → next target below 0.26.
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