AVAX Set for a 90% Takeoff — Catch It Before the Lift-Off! (1D)AVAX has reached the weekly support zone.
The structure is still bearish, but there is an expectation that enough buy orders exist in this area to create a bullish substructure.
One resistance base ahead of the price has already been consumed, and above that base, there is a liquidity pool that may get swept.
Targets are marked on the chart.
A daily candle close below the invalidation level will invalidate this analysis.
invalidation level : 11.09$
Do not enter the position without capital management and stop setting
Comment if you have any questions
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