đ $AVAX Long Setup â-- Reversal Play
AVAx just tapped strong reaction zone after the recent sell-off..⊠now the behavior is shifting...
đč Entry: 8.52
đč Stop Loss: 8.2
đč Targets:
âą TP1:8.67
âą TP2: 9.00
âą TP3: 9.80
đĄ Why this trade?
After the drop price did not continue lower aggressively....instead it started stabilizing â--- clear sign that sellers are losing momentum...
You can see:
âïž Selling pressure fading
âïž Lower wicks forming buyers stepping in
âïž Weak follow through from bears
This is classic absorption at support smart money accumulating while panic sellers exit..
đ If momentum builds from here upside move toward 9+ becomes highly probable..
#StrategyBTCPurchase
#BTCBackTo70K
#TrumpDeadlineOnIran
#AppleRemovesBitchatFromChinaAppStore
#AVAX
AVAx just tapped strong reaction zone after the recent sell-off..⊠now the behavior is shifting...
đč Entry: 8.52
đč Stop Loss: 8.2
đč Targets:
âą TP1:8.67
âą TP2: 9.00
âą TP3: 9.80
đĄ Why this trade?
After the drop price did not continue lower aggressively....instead it started stabilizing â--- clear sign that sellers are losing momentum...
You can see:
âïž Selling pressure fading
âïž Lower wicks forming buyers stepping in
âïž Weak follow through from bears
This is classic absorption at support smart money accumulating while panic sellers exit..
đ If momentum builds from here upside move toward 9+ becomes highly probable..
#StrategyBTCPurchase
#BTCBackTo70K
#TrumpDeadlineOnIran
#AppleRemovesBitchatFromChinaAppStore
#AVAX