$AVAX – BULLISH REVERSAL ATTEMPT IN PLAY! 🟢📉
After a steady downtrend, $AVAX is showing signs of bottoming out near the $22.70 zone. Price has formed multiple wicks rejecting lower levels, and it's now testing a key resistance-turned-support around $22.80. A break above this consolidation could trigger a short-term bullish move toward the $23.40 region.
The risk-reward setup is favorable here, with a clear invalidation zone below $22.50. If buyers step in with volume and break past $23.00, it may confirm a trend shift or at least a solid bounce from oversold conditions.
🎯 Trade Setup: • Entry: $22.79 – $22.80
• TP1: $23.20
• TP2: $23.41
• Stop-loss: $22.50