AVAX MID TERM IDEA

675
Summary:
Support Zone: $22.7 - $15.7 USDT (Demand Area).
Resistance Levels: $30, $35, and $45 USDT.
Short-Term: Downtrend continues, but signs of recovery can be monitored within the demand zone.
Mid-Term: A breakout above $30 USDT signals a potential trend shift.
Long-Term: If it recovers from the demand zone, the target range could extend to $45-$65 USDT.

Strategy:
Entry: Buy within the $22.7 - $15.7 USDT demand zone, with a stop loss below $15.5 USDT.
Targets: $30, $35, and $45 USDT.
Bearish Scenario: A drop below $15.7 USDT may increase selling pressure.
Trade active
snapshot

Price now on support zone.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.