Market Context:
AVAX is testing a major support level and showing signs of potential reversal or consolidation at this price zone, which offers a favorable risk-to-reward ratio.
Trade Details:
Entry Zone: Around $24.00
Take Profit Targets:
$30.50 - $35.00
$41.50 - $45.00
Stop Loss: Just below $21.20
This trade looks to capitalize on the support hold for a potential upside breakout. 📈
AVAX is testing a major support level and showing signs of potential reversal or consolidation at this price zone, which offers a favorable risk-to-reward ratio.
Trade Details:
Entry Zone: Around $24.00
Take Profit Targets:
$30.50 - $35.00
$41.50 - $45.00
Stop Loss: Just below $21.20
This trade looks to capitalize on the support hold for a potential upside breakout. 📈
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.
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.