#AVAX trade Setup
Type: Long
Entry Zone: $13.20 – $13.32
$AVAX
{future}(AVAXUSDT)
Stop Loss (SL): $12.62
Take Profits (TPs):
TP1: $13.70
TP2: $14.10
TP3: $14.55
Technical Rationale
Support Zone Holding:
avax is just above $13.24, forming a short-term base. This suggests that the prior bearish pressure is slowing and buyers are stepping in at this demand level.
Momentum Indicators:
RSI (1H): Flattening near oversold — selling momentum weakening.
MACD (1H): Preparing for bullish shift — potential momentum reversal.
Confirmation on Lower Timeframes (LTF):
Watch for 15m–30m charts to produce a strong rejection candle with expanding volume in the $13.20–$13.32 zone. This would indicate buyer interest and validate the long setup.
Key Resistance Levels for Bullish Confirmation:
Price reclaiming $13.50–$13.91 resistance band.
A clean 1H close above $13.91 strengthens the bullish outlook.
Invalidation:
Price closing below $12.62 breaks the structure and negates the long bias.
$XRP
{future}(XRPUSDT)
