AVAX The beast has awaken
2024-11-26

We can see the purple trendline acting as resistance here, if AVAX manage to break above $50 and close above it, then we go long to $66.
On the other hand we might visit $40 or $30 before we bounce and break that purple resistance.
Lets see what happens

Entry above $50
Stop loss $40

 
 TP1 54
 TP2 55
 TP3 58
 TP4 61
 TP5 64
 TP6 66
 
 
These are just speculations you can take my advice or technical overview with a pinch of salt.
You are welcome to comment to discuss further. Let me know your thoughts.

Stay safe.