$AVAX #USDT (Avalanche)
Avalanche is trading in a short-term bearish consolidation after a recent price decline. The market structure indicates potential for a reversal if key levels are breached with volume support.
Key Levels:
Support: 9.554
Major Support: 9.500
Resistance: 9.700
Breakout: 9.792
Trade Setups:
Pullback Long (Entry 9.570, TP1 9.620, TP2 9.680, TP3 9.750, SL 9.530)
Breakout Long (Entry 9.793, TP1 9.850, TP2 9.920, SL 9.730)
Range Short if rejection (Entry 9.695, TP1 9.650, TP2 9.600, SL 9.720)
Wait for volume confirmation before breakout entries.
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AVAXUSDT
Perp
8.73
-0.12%