đş AVAX/USDT â Testing Key Resistance for Continuation
Current Price: 14.20
24h Change: +4.11% đ
24h High: 14.73
24h Low: 13.55
Trend: Neutral to bullish, trading above MA(99) but facing resistance at MA(7) and MA(25) confluence.
đŻ Trade Idea: LONG on Support Hold or Breakout
Scenario A: LONG on Pullback
Entry Zone: 13.90 â 14.05
(Near MA(99) dynamic support & recent consolidation low)
Take Profit Targets:
â
TP1: 14.70 (24h High)
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TP2: 15.00 (Psychological Break)
Stop Loss: 13.50
(Below 24h Low and key support)
Scenario B: LONG on Breakout
Wait for a 1H close above 14.50 (MA cluster).
Entry Zone: 14.55 â 14.65
TP1: 15.00 | TP2: 15.50
Stop Loss: 14.20
đ Key Indicators:
¡ MA(7): 14.46 (immediate resistance)
¡ MA(25): 14.43 (confluence resistance)
¡ MA(99): 13.75 (major dynamic support)
¡ 24h Volume: 49.66M USDT shows steady interest
â ď¸ Risk Note:
AVAX is in a consolidation phase. Wait for a clear signal before entering. Use stop losses, manage position size, and avoid over-leveraging. Not financial advice.
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