🔥AVAX – High-Potential Setup Amid Market Catch-Up
While many crypto assets have surged in the recent bullish wave, AVAX appears to have been left behind — and that could present a high-reward opportunity ahead.
From both a fundamental and on-chain perspective, this project shows promising signs, especially with notable activity among whale wallets. I believe AVAX has the potential for a strong long-term rally — but there’s one critical condition to watch.
Price has recently reacted to a key custom demand zone. However, for confirmation of buy-side strength, we need to see a clean breakout and daily close above the ~$28 level. If that breakout is confirmed, I’ll be looking to accumulate for a long-term hold, with a target of $65 — and possibly up to $100 if momentum continues.
That said, risk management remains my top priority. I’ll allocate no more than 3–4% of my total portfolio to this position.
Keep an eye on the $28 breakout. If the trade is triggered, I’ll provide updates here.
🔁 This analysis will be updated whenever necessary.
Disclaimer: This is not financial advice. Just my personal opinion.
While many crypto assets have surged in the recent bullish wave, AVAX appears to have been left behind — and that could present a high-reward opportunity ahead.
From both a fundamental and on-chain perspective, this project shows promising signs, especially with notable activity among whale wallets. I believe AVAX has the potential for a strong long-term rally — but there’s one critical condition to watch.
Price has recently reacted to a key custom demand zone. However, for confirmation of buy-side strength, we need to see a clean breakout and daily close above the ~$28 level. If that breakout is confirmed, I’ll be looking to accumulate for a long-term hold, with a target of $65 — and possibly up to $100 if momentum continues.
That said, risk management remains my top priority. I’ll allocate no more than 3–4% of my total portfolio to this position.
Keep an eye on the $28 breakout. If the trade is triggered, I’ll provide updates here.
🔁 This analysis will be updated whenever necessary.
Disclaimer: This is not financial advice. Just my personal opinion.
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.