$AVAX
AVAX/USDT on the hourly timeframe.
LONG entry: near 9.58
Accumulation zone: 9.50 – 9.58
TP1: 9.85 — nearby resistance.
TP2: 10.00
TP3: 10.36
Stop loss (SL): 9.30
Reason: The price bounced from the 9.30 area, but it is still facing a descending trendline (blue). Therefore, it is better to wait for an hourly candle to close above the trendline near 9.60–9.70 before confirming the buy.
AVAX/USDT on the hourly timeframe.
LONG entry: near 9.58
Accumulation zone: 9.50 – 9.58
TP1: 9.85 — nearby resistance.
TP2: 10.00
TP3: 10.36
Stop loss (SL): 9.30
Reason: The price bounced from the 9.30 area, but it is still facing a descending trendline (blue). Therefore, it is better to wait for an hourly candle to close above the trendline near 9.60–9.70 before confirming the buy.