AVAX/USDT | 4-Hour Demand Zone Setup
2025-01-09
Category: None

This trade setup for AVAX/USDT on the 4-hour timeframe is based on a potential bounce from a strong demand zone. Here's the trade plan:

 
 Entry: Around $35.585, within the demand zone (highlighted in gray) starting at $35.685.
 Stop-Loss: Below the demand zone at $33.446 to account for a breakdown of the zone.
 Take-Profit: Targeting $44.909, corresponding to a key resistance level and a solid risk-reward ratio.
 

This setup relies on the buyers' interest at the demand zone and assumes a potential reversal or retracement from this area. As always, monitor the trade and adjust according to market conditions. Feedback or refinements are welcome!