This structure is clean, a textbook setup for the next leg higher. Pay close attention. What we're witnessing is a classic shakeout before the next major impulse wave. The move to the 12.44 highs was fueled by exploding momentum and heavy volume support, confirming strong buyer interest. This current pullback is a healthy retracement, a textbook retest of support designed to accumulate orders before the next surge. The underlying bullish momentum remains intact, with the price now coiling for an aggressive move back to the upside. Enter with discipline.
For clear execution:
Entry: 12.120
Target 1: 12.300
Target 2: 12.440
SL: 11.940
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AVAXUSDT
Prep
12.31
+2.78%