After delivering a strong 13.50% move from our previous analysis, AVAX is now approaching a key technical area that could decide the next leg of the trend. The main focus is on the $9.60 resistance zone, which is acting as the current overhead barrier for price.
For this setup, we are not chasing price aggressively. Instead, the ideal confirmation would be a clean breakout above $9.60, followed by a successful retest of that level as new support. If buyers manage to defend this zone, it could provide a solid structure for a potential long spot opportunity.
As long as AVAX holds above the retested breakout area, the bullish continuation scenario remains valid. The upside targets are layered progressively, while risk is controlled with a stop placed below the nearby support region.
Trade Setup:
Entry: On the break and retest of $9.60
Take Profit 1: $10.50
Take Profit 2: $11.80
Take Profit 3: $13.20
Stop Loss: Below $8.70
Confirmation Needed: Breakout + successful retest holding as support
For this setup, we are not chasing price aggressively. Instead, the ideal confirmation would be a clean breakout above $9.60, followed by a successful retest of that level as new support. If buyers manage to defend this zone, it could provide a solid structure for a potential long spot opportunity.
As long as AVAX holds above the retested breakout area, the bullish continuation scenario remains valid. The upside targets are layered progressively, while risk is controlled with a stop placed below the nearby support region.
Trade Setup:
Entry: On the break and retest of $9.60
Take Profit 1: $10.50
Take Profit 2: $11.80
Take Profit 3: $13.20
Stop Loss: Below $8.70
Confirmation Needed: Breakout + successful retest holding as support
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.