AVAX / TetherUS
Long

AVAXUSDT: Weekly Macro Setup | Fibonacci Retracement Strategy

277
Weekly macro trade setup for AVAXUSDT based on key Fibonacci levels and structural support.

📌 Trade Parameters:
• Entry Level: Green dashed line (~8.367)
• Stop Loss: Weekly close below the red dashed line (~7.082)
• Target 1 (TP1): 30.407 (Fibo 0.618) 🎯
• Target 2 (TP2): 242.724 (Fibo 1.618) 🚀

📝 Technical Outlook:
Price is consolidating around a major historical support zone. Holding above the entry level validates a potential bullish reversal targeting the 0.618 Fibonacci level and the macro 1.618 extension.

⚠️ Risk Management:
Position size should be aligned with strict risk control (~2% risk per trade). The trade is invalidated upon a weekly candle close below the Stop Loss level.

Aviso legal

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