βš–οΈπŸ’Ή AVAX Trading Strategy πŸŒπŸ“Š

πŸ“Š Current Market Status:

AVAX consolidating in the $34.00 - $36.20 area of support.
πŸ“ˆ Chart Analysis:

Oversold on the 8-hour chart.
πŸ”„ Trading Strategy:

Spot Long Trade: Initiate a spot long trade in the oversold support area.
Take-Profit Areas: $40.00 - $42.50 and then $50.00 - $53.00.
Stop-Loss: Set just below $30.00.
πŸ“£ Conclusion:

Utilize oversold conditions for a potential rebound.
Set take-profit areas and manage risk with a defined stop-loss.
Trade wisely! πŸ“ˆπŸ’‘ #AVAX #TradingStrategy #CryptoMarket πŸŒπŸ“Š
avaxAVAXUSDTcryptoSupport and ResistancetradinganalysisTrend Analysis

Also on:

Disclaimer