⚡
$AVAX /USDT – Breakout or Breakdown Incoming?
$AVAX is currently trapped in a tight range around $9.25, stuck between MA7, MA25 & MA99. Converging moving averages indicate potential high volatility — a big move is likely soon.
🔵 Long Setup (Bullish Breakout)
Entry: $9.80+ (breakout with volume)
SL: $9.10
TP1: $10.50
TP2: $11.20
🔴 Short Setup (Support Failure)
Entry: $9.05–$9.10 breakdown
SL: $9.30
TP1: $8.50
TP2: $8.10
📊 Market Logic:
Price compression near major MAs signals an explosive move is coming.
Close above $9.75 daily confirms bullish momentum.
Close below $9.10 triggers bearish retest of strong support at $8.50.
Volume confirmation is key — follow candle closes for trade validity.
💡 Trading Tip:
Wait for breakout/breakdown confirmation with volume before entering. Avoid chasing price in tight range.
What’s your plan — trading the breakout or waiting for support? 👇
Click Trade Here 👇
#AVAX #CryptoTrading #BinanceSquare #Altcoins #HadiaBTC