📊 Analysis:
Spot Trade: Initiating a spot trade on AVAX.
Support Zone: Ladder into the trade in the $32 - $35 support area.
Resistance Levels: Target profit at $50 - $54 or $65 - $72.
Risk Management: Set a stop loss just below $30.00.
🌐 Note: Exercise caution during entry, especially regarding potential downside wicks. It's advisable to wait for price stabilization before entering.
Spot Trade: Initiating a spot trade on AVAX.
Support Zone: Ladder into the trade in the $32 - $35 support area.
Resistance Levels: Target profit at $50 - $54 or $65 - $72.
Risk Management: Set a stop loss just below $30.00.
🌐 Note: Exercise caution during entry, especially regarding potential downside wicks. It's advisable to wait for price stabilization before entering.
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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.
Related publications
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.