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Technical analysis by CryptoSignalAPP about Symbol AVAX: Buy recommendation (2/8/2025)

https://sahmeto.com/message/3233832
CryptoSignalAPP
CryptoSignalAPP
Rank: 357
3.0

AVAX MID TERM IDEA

:Buy
Price at Publish Time:
$24.43
Profit Target:
(+84.21%)$45
Stop Loss Price:
(-36.55%)$15.5
Buy،Technical،CryptoSignalAPP

Summary: Support Zone: $22.7 - $15.7 USDT (Demand Area). Resistance Levels: $30, $35, and $45 USDT. Short-Term: Downtrend continues, but signs of recovery can be monitored within the demand zone. Mid-Term: A breakout above $30 USDT signals a potential trend shift. Long-Term: If it recovers from the demand zone, the target range could extend to $45-$65 USDT. Strategy: Entry: Buy within the $22.7 - $15.7 USDT demand zone, with a stop loss below $15.5 USDT. Targets: $30, $35, and $45 USDT. Bearish Scenario: A drop below $15.7 USDT may increase selling pressure.Price now on support zone.

Source Message: TradingView
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