🚨 $AVAX /USDT BREAKOUT: Reclaiming Dominance Above Major MAs! 🚀
$AVAX /USDT - LONG
Trade Plan:
Entry: 10.20 – 10.35
SL: 9.60
TP1: 10.52
TP2: 11.20
TP3: 12.00+
The Logic:
The 4h chart for $AVAX shows a strong bullish recovery, currently trading at 10.34 with a +5.62% gain. The price has successfully reclaimed all major moving averages, holding firmly above the MA(7) (10.21), MA(25) (9.87), and MA(99) (9.40). This bullish alignment suggests the mid-term trend has shifted upward. While it recently faced a minor rejection at 10.52, the consistent higher lows and support from the MA(7) indicate that buyers are in control. A clean break above 10.60 will open the doors for a much larger rally.
Debate:
Is Avalanche ready to flip the 10.50 resistance into a launchpad for a run to 12.00, or will the volume exhaustion lead to a retest of the MA(25) at 9.87? Drop your strategy! 👇
Click here to Trade 👇️
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