$AVAX Holding Key Level – Bounce or Breakdown? 👀
Pair:
$AVAX /USDT
Direction: Long Setup (If Support Holds)
Trade Plan
Entry: $8.90 – $9.05
Stop Loss: $8.74
Take Profit Targets:
• TP1: $9.46
• TP2: $9.88
• TP3: $10.40
Why This Setup?
On the 1H timeframe, price is hovering just above the $8.88 support, which recently acted as a reaction zone. Buyers stepped in here previously, suggesting potential demand.
Meanwhile, the $9.46 level aligns with nearby moving average resistance, making it the first key breakout area. If
$AVAX reclaims this zone with volume, momentum could push toward $9.88–$10.40.
From a structure perspective, the market is currently compressing between support ($8.88) and resistance ($9.46). A strong hold of support increases the probability of a short-term relief bounce.
Market Insight:
If sellers push price below $8.88, the structure weakens and downside liquidity may open toward lower levels.
Debate:
Do you think AVAX will reclaim $10 soon, or are bears still in control?
Click Trade Here 👇
#HadiaBTC #AVAX✈️ #