AVAX IS PRESSING AGAINST RESISTANCE — BREAKOUT OR REJECTION? WATCH 6.55.
AVAX/USDT is trading around 6.527 on the 1H chart after a strong recovery from the 6.20–6.30 zone. Price is now holding near 6.50 with bullish structure, but 6.55 is the immediate resistance and the 24H high.
LONG SETUP
Entry: 6.48–6.53
TP1: 6.60
TP2: 6.70
TP3: 6.82
SL: 6.38
The stronger confirmation is a 1H close above 6.55 with rising volume. A successful retest of 6.55 can provide a cleaner continuation entry. If price loses 6.38, invalidate the bullish setup.
Don't chase the resistance. Wait for confirmation and keep risk controlled.
Follow for more real chart based signals and comment “AVAX” if you're watching this breakout.
$AVAX
#AVAX #CryptoTrading #Write2Earn
AVAX/USDT is trading around 6.527 on the 1H chart after a strong recovery from the 6.20–6.30 zone. Price is now holding near 6.50 with bullish structure, but 6.55 is the immediate resistance and the 24H high.
LONG SETUP
Entry: 6.48–6.53
TP1: 6.60
TP2: 6.70
TP3: 6.82
SL: 6.38
The stronger confirmation is a 1H close above 6.55 with rising volume. A successful retest of 6.55 can provide a cleaner continuation entry. If price loses 6.38, invalidate the bullish setup.
Don't chase the resistance. Wait for confirmation and keep risk controlled.
Follow for more real chart based signals and comment “AVAX” if you're watching this breakout.
$AVAX
#AVAX #CryptoTrading #Write2Earn