🔺 AVAX/USDT – Testing Key Resistance for Continuation
Current Price: 14.20
24h Change: +4.11% 📈
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.
🎯 Trade Idea: LONG on Support Hold or Breakout
Scenario A: LONG on Pullback
Entry Zone: 13.90 – 14.05
(Near MA(99) dynamic support & recent consolidation low)
Take Profit Targets:
✅ TP1: 14.70 (24h High)
✅ 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 – 14.65
TP1: 15.00 | TP2: 15.50
Stop Loss: 14.20
📊 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
⚠️ 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.
#AVAX #USDT #Avalanche #Layer1 #Crypto #Trading #Binance #Altcoin
#RangeBreak $AVAX