$AVAX – Consolidation After Sharp Drop

Price is trading around $12.69, slightly down -0.16% in the last 24 hours. After a strong sell-off from the $13.75 area, price found support near $12.03 and is now consolidating. On the 1H chart, candles are moving sideways, suggesting selling pressure is weakening and the market is building a base.

Trade Setup

Entry Zone: 12.55 – 12.75

Target 1 🎯: 12.95

Target 2 🎯: 13.25

Target 3 🎯: 13.75

Stop Loss: 12.00

A clean break and hold above the local range with volume could trigger a recovery move toward higher resistance levels.

Let’s go $AVAX

AVAX
AVAXUSDT
8.829
-2.22%

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