The price perfectly fulfilled my previous idea. 
AVAXUSDT has bounced from its higher low near trend support and is now pulling back after reaching a local high. The structure remains bullish overall, with price still trading inside the upward channel and holding above the $22.84 swap zone. As long as this support holds, a continuation toward the $28 resistance area remains likely. As long as the structure maintains higher lows and stays within the upward channel, bulls remain in control targeting higher levels.
📌 Key Levels
⚠️ Risks
AVAXUSDT has bounced from its higher low near trend support and is now pulling back after reaching a local high. The structure remains bullish overall, with price still trading inside the upward channel and holding above the $22.84 swap zone. As long as this support holds, a continuation toward the $28 resistance area remains likely. As long as the structure maintains higher lows and stays within the upward channel, bulls remain in control targeting higher levels.📌 Key Levels
- Support zone: $22.84
- Breakout target: $28.00
- Invalidation level: Below $22.00 (channel break and support failure)
⚠️ Risks
- Deeper pullbacks may revisit the support and test demand
- Failure to hold $22.84 opens potential drop toward $19.25
- Resistance at $28 may trigger sharp rejections on first touch
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.