AVAX has rallied nearly +23% since our last trade idea and is now facing strong resistance. The move has been sharp, but price is showing signs of exhaustion here, and we expect a pullback before any further upside. This creates a solid opportunity to position for the next wave.
🔍 We're targeting a long spot entry around $13.30, which lines up with a previous support zone. This level offers a good risk/reward window, especially with confirmation from past price structure.
📌 Trade Plan:
Long Entry: ~$13.30
Take Profit Targets: $15.00 – $17.10, $18.50 – $21.00
Stop Loss: Below $12.70
🔍 We're targeting a long spot entry around $13.30, which lines up with a previous support zone. This level offers a good risk/reward window, especially with confirmation from past price structure.
📌 Trade Plan:
Long Entry: ~$13.30
Take Profit Targets: $15.00 – $17.10, $18.50 – $21.00
Stop Loss: Below $12.70
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