KAZ_0
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Bearish
$AVAX is stabilizing after defending the 11.800 reaction low and I am watching this closely because buyers stepped in firmly and prevented further downside. The 1h candles are forming a tight base which shows selling pressure is weakening and momentum is attempting to shift after the pullback.
Here is my full setup from this chart.
Entry Point
12.020 – 11.880
Target Point
TP1: 12.080
TP2: 12.240
TP3: 12.400
Stop Loss
11.760
It is possible because every dip near 11.880 is getting absorbed quickly and sellers are failing to break structure lower. If $AVAX holds above this support zone the move toward 12.080 becomes the natural first step before momentum attempts higher continuation again.
#USGDPUpdate #USCryptoStakingTaxReview #USJobsData
$AVAX
{spot}(AVAXUSDT)
Here is my full setup from this chart.
Entry Point
12.020 – 11.880
Target Point
TP1: 12.080
TP2: 12.240
TP3: 12.400
Stop Loss
11.760
It is possible because every dip near 11.880 is getting absorbed quickly and sellers are failing to break structure lower. If $AVAX holds above this support zone the move toward 12.080 becomes the natural first step before momentum attempts higher continuation again.
#USGDPUpdate #USCryptoStakingTaxReview #USJobsData
$AVAX
{spot}(AVAXUSDT)
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AVAX
11.98
-1.39%