$AVAX /USD CM is trading around 9.84, recovering toward resistance after bouncing from 9.54. Buyers are gaining short-term momentum, but the 9.90–10.01 zone remains the key hurdle.
Support sits near 9.76, followed by 9.68. MACD is turning positive, suggesting a possible continuation if buyers maintain control.
Trade Setup:
Entry Zone: 9.80–9.85
Take Profit 1: 9.90
Take Profit 2: 10.00
Stop Loss: 9.74
A clean break above 9.90 could strengthen the bullish setup, while rejection may trigger a pullback. Wait for confirmation, manage risk, and avoid chasing the move.
Support sits near 9.76, followed by 9.68. MACD is turning positive, suggesting a possible continuation if buyers maintain control.
Trade Setup:
Entry Zone: 9.80–9.85
Take Profit 1: 9.90
Take Profit 2: 10.00
Stop Loss: 9.74
A clean break above 9.90 could strengthen the bullish setup, while rejection may trigger a pullback. Wait for confirmation, manage risk, and avoid chasing the move.