AVAXUSDT is testing the $20.19 support zone again after forming a lower high and following a corrective structure under a persistent downward trendline. Price is now retesting the breakout area with potential for a rebound if buyers defend the key level. A higher low near support could initiate a bullish move back toward the $24 resistance.📈 Key Levels
- Buy zone: 19.80–20.20
- Buy trigger: breakout above 21.80
- Target: 24.00
- Sell trigger: breakdown below 19.60
💡 Risks
- Breakdown of support may target 16.84
- Failure to reclaim trendline caps bullish momentum
- Bearish pressure remains under the descending resistance channel
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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🌎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.