Technical analysis by ama-Beeps about Symbol AVAX: Buy recommendation (12/30/2024)

We have identified a potential long entry opportunity on the AVAXUSDT pair using the 15-minute timeframe. The setup is based on a break of structure confirmed by the Stochastic RSI (200) crossing above the 50 line, signaling bullish momentum. Additionally, the MACD (12,26) indicates strong buying pressure, supporting our long bias.Entry Level: 37.05Target: 38.20Stop Loss: 36.69Risk to Reward (R:R): 2.7This setup offers a favorable risk-to-reward ratio, aligning with key technical indicators pointing toward a bullish continuation. Ensure disciplined trade execution and adherence to the risk management plan.