AVAX pushed into a key resistance zone over the weekend but failed to break through, resulting in a sharp rejection. This reaction indicates short-term seller dominance and raises the probability of a pullback toward lower support.
Price is now approaching an important support region. A successful defense of this zone could maintain the broader structure and open the door for a relief bounce. Failure to hold may shift momentum further bearish.
Trading Plan:
• Bias: Cautiously Bullish on Support Hold
• Entry Zone: $8.50 – $8.75
• Take Profit 1: $9.50 – $10.50
• Take Profit 2: $11.80 – $13.20
• Stop Loss: Just below $8.00
Price is now approaching an important support region. A successful defense of this zone could maintain the broader structure and open the door for a relief bounce. Failure to hold may shift momentum further bearish.
Trading Plan:
• Bias: Cautiously Bullish on Support Hold
• Entry Zone: $8.50 – $8.75
• Take Profit 1: $9.50 – $10.50
• Take Profit 2: $11.80 – $13.20
• Stop Loss: Just below $8.00
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.