AVAXUSDT completed a corrective decline into the upward trendline, where price formed a clear higher low, signaling that downside pressure has likely been absorbed. The rebound from this area suggests buyers are stepping back in after the sell-off.Price is now holding above the 13.75 demand zone, which aligns with both trend support and prior breakout structure. If this base continues to hold, price may attempt another upside leg toward the 15.65 resistance zone near the upper channel boundary.
➡️ Primary scenario: support holds → continuation toward 15.65
⚠️ Risk scenario: sustained breakdown below 13.50 weakens bullish continuation
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.