$AVAX Avalanche Coil: Tension Builds Before the Break....
$AVAX is holding a tight range after rebounding off the 15.61 support, forming a classic descending channel within a broader recovery. Price is compressing above key support, signaling a potential breakout as sellers lose steam and volume flattens.
đ Long Trade Setup
âą Entry Zone: 17.20 â 17.40
âą TP1: 18.00
âą TP2: 18.60
âą TP3: 19.40
âą Stop Loss: Below 16.70
This setup shows signs of accumulation â a breakout from the upper channel trendline could trigger a strong rally. Watch for volume confirmation before entry.