$AVAX Previous Prediction Played Out! Bulls Eye $9.55 as Recovery Takes Shape
My previous AVAX analysis played out as expected. I anticipated a decline toward $7.60, and although price reached approximately $7.80 instead, the bearish move still followed the direction of my analysis.
Those who follow my updates on X have seen my before-and-after charts. I believe consistency and transparent analysis matter more than making predictions without evidence.
What I’m Seeing Now
After the recent decline, AVAX appears to be entering a consolidation phase.
I’m also watching Bitcoin’s attempt to form a double bottom. If that structure receives confirmation and the broader market recovers, AVAX could benefit from renewed buying pressure.
Rather than waiting for another move toward $7.60, I’m considering a long position at the current level.
My AVAX Trading Setup
• Entry: $8.014
• Stop Loss: $7.475
• TP1: $8.977
• TP2: $9.555
• Extended target: $10.132
What Comes Next?
I’m expecting a potentially bullish move into next week, with $9.555 being an important resistance level.
A successful breakout could open the door toward $10.132. However, I’m not planning to chase the breakout. Even a rejection around $9.555 would be a reasonable outcome for this setup.
My focus is on how price reacts around these levels and whether Bitcoin confirms its potential reversal.
Follow me for more technical analysis, trading setups and transparent before-and-after updates.
Not financial advice. Always manage your risk. $NEAR
My previous AVAX analysis played out as expected. I anticipated a decline toward $7.60, and although price reached approximately $7.80 instead, the bearish move still followed the direction of my analysis.
Those who follow my updates on X have seen my before-and-after charts. I believe consistency and transparent analysis matter more than making predictions without evidence.
What I’m Seeing Now
After the recent decline, AVAX appears to be entering a consolidation phase.
I’m also watching Bitcoin’s attempt to form a double bottom. If that structure receives confirmation and the broader market recovers, AVAX could benefit from renewed buying pressure.
Rather than waiting for another move toward $7.60, I’m considering a long position at the current level.
My AVAX Trading Setup
• Entry: $8.014
• Stop Loss: $7.475
• TP1: $8.977
• TP2: $9.555
• Extended target: $10.132
What Comes Next?
I’m expecting a potentially bullish move into next week, with $9.555 being an important resistance level.
A successful breakout could open the door toward $10.132. However, I’m not planning to chase the breakout. Even a rejection around $9.555 would be a reasonable outcome for this setup.
My focus is on how price reacts around these levels and whether Bitcoin confirms its potential reversal.
Follow me for more technical analysis, trading setups and transparent before-and-after updates.
Not financial advice. Always manage your risk. $NEAR
