AVAX / TetherUS
Long

Lingrid | AVAXUSDT strong REBOUND from the SUPPORT zone

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AVAX is rebounding from the lower boundary of its descending channel after a deep sweep into the buying area near 17.00. The price formed a local bottom and is attempting to reclaim the 17.45–18.50 resistance band, hinting at early bullish intent. If buyers sustain this recovery, a test of the 20.00 psychological barrier could follow.

📈 Key Levels
  • Buy zone: 16.20–17.00
  • Sell trigger: breakdown below 15.80
  • Target: 20.00
  • Buy trigger: breakout and retest of 18.50 resistance

💡 Risks
  • Failure to break 18.50 may trap longs below key resistance
  • Breakdown from support invalidates current bullish setup
  • Broader downtrend still dominant unless 20.00 is reclaimed

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!

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