AVAX/USDT Trade Setup – Potential Breakout!
Descending Channel Breakout Alert! AVAX was following a descending channel and recently broke out before touching the support level at $19.76 – a key entry zone!
Current Trend: Still in a downtrend according to EMA 50 (1H TF) but showing signs of reversal!
Target Levels:
TP1: $22.40
TP2: $23.30
Final Target: $25.00
Entry Zone: Around $19.76 (Support Level)
Watch for a strong breakout confirmation! If AVAX gains momentum, it could rally toward our targets!
Trade Wisely! Manage Risk!