$AVAX Long Setup
Entry Zone: 7.05–7.20
Stop Loss: 6.60
TP1: 7.686
TP2: 8.314
TP3: 8.731
Market Structure Analysis
The chart is showing an interesting transition from a prolonged bearish trend toward a potential bullish reversal. Price previously moved inside a descending channel, forming consistent lower highs and lower lows before reaching a major support level at 6.743.
Entry Zone: 7.05–7.20
Stop Loss: 6.60
TP1: 7.686
TP2: 8.314
TP3: 8.731
Market Structure Analysis
The chart is showing an interesting transition from a prolonged bearish trend toward a potential bullish reversal. Price previously moved inside a descending channel, forming consistent lower highs and lower lows before reaching a major support level at 6.743.
