The uploaded picture is a SUI 1H chart. I'll use its clean TradingView-style design as a reference for an AVAX 1H bullish/bearish trade setup.
đ $AVAX AX â 1H Technical Analysis
đ° Reference Price: ~$8.59
Support: $8.42 / $8.34
Resistance: $8.69 / $8.83
đŻ TP1: $8.83
đŻ TP2: $9.04
đŻ TP3: $9.16
đ Bullish Scenario: A pullback into $8.42â$8.48 followed by a strong bullish reversal could offer a long opportunity. A 1H close above $8.69 with volume would strengthen the breakout.
đ Bearish Scenario: A 1H close below $8.33 could invalidate the bullish setup.
⥠Trade Setup
#AvalancheAVAX #Binance
đ $AVAX AX â 1H Technical Analysis
đ° Reference Price: ~$8.59
Support: $8.42 / $8.34
Resistance: $8.69 / $8.83
đŻ TP1: $8.83
đŻ TP2: $9.04
đŻ TP3: $9.16
đ Bullish Scenario: A pullback into $8.42â$8.48 followed by a strong bullish reversal could offer a long opportunity. A 1H close above $8.69 with volume would strengthen the breakout.
đ Bearish Scenario: A 1H close below $8.33 could invalidate the bullish setup.
⥠Trade Setup
#AvalancheAVAX #Binance
