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$AVAX CHALLENGE THE FORECAST: THE PRICE REBELS AGAINST THE FALL.
💪It made a 180-degree turn. While reports spoke of a bearish scenario towards $8.50, the real chart shows a solid recovery that is leaving several out of the game.
✅️ ENTRY (LONG): Wait for the close of a 1h candle above $9.55. The key is to enter when the market shows it can break the day's high.
✅️ TARGET 1: $10.10 (Ideal level to take some profit and adjust risk).
✅️ TARGET 2: $10.50 (Next important liquidity zone).
✅️ STOP LOSS: A close below $9.20. If it breaches that level, the plan loses validity and the price returns to no man's land.
🚀 FUNDAMENTALS
🔹️Bridge with the real economy: The alliance with NHN KCP to use the network for everyday payments in South Korea is a significant backing. It is genuine utility entering the ecosystem.
🔹️Support at the averages: The price has managed to climb above the 1h and 4h EMAs, transforming what was once a ceiling into a temporary floor.
🔹️Buying pressure: With 52.5% demand in the book, the market is absorbing the sales. There is real interest in maintaining these levels.
TECHNICAL ANALYSIS
It has left the stagnation zone.
🔹️The RSI still has thread on the reel to keep rising, and the MACD is looking to confirm the trend change.
The objective is clear:
🔹️Go test the $10.00 zone, which is where the strength of this movement will be defined.
📈 Today the probabilities favor the Long. The structure has changed in favor of buyers, but the discipline to wait for the breakout at $9.55 is what makes the difference in this trade.
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