AVAX / TetherUS
Long
업데이트됨

#AVAXUSDT : The Calm Before the Squeeze Storm

417
#AVAX

The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary.

The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions.

A key support zone (in green) has been identified at 5.61. The price has bounced off this zone several times, making it a strong support level.

The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.

Entry Price: 6.06
First Target: 6.16
Second Target: 6.34
Third Target: 6.54

You can close at the second target or wait for the third target to be reached. The choice is yours.
Stop Loss: At the resistance zone (in green).

Remember this simple rule: Money Management.

Any questions? Please leave a comment.

Thank you.
액티브 트레이드
스냅샷

#AVAX
First Target: 6.16 Reached
Second Target: 6.34 Reached
거래청산: 타겟 닿음
스냅샷
#AVAX
First Target: 6.16
Second Target: 6.34

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