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Technical analysis by Lingrid about Symbol AVAX: Buy recommendation (5/27/2025)

https://sahmeto.com/message/3554394

Lingrid | AVAXUSDT Compression Phase Before Upside Breakout

Buy
Price at Publish Time:
$23.39
Profit Target:
(+19.72%)$28
Stop Loss Price:
(-8.07%)$21.5
Buy،Technical،Lingrid

AVAXUSDT is retracing from local highs but remains inside the broader upward channel. Price is nearing the $22.00 support zone, which aligns with the uptrend line and a potential higher low area. If bulls defend this zone and trigger a bounce, we could see a continuation toward $28.00 and possibly higher into the resistance area. However, a breakdown below $22 would shift near-term structure bearish.📈 Key LevelsBuy zone: $21.50 – $22.00Buy trigger: bullish rejection from $22.00 with volumeTarget: $28.00Sell trigger: clean break below $21.50💡 RisksCrypto market sentiment remains fragile amid macro uncertaintiesFailed bounce from $22 could initiate deeper correctionLoss of trendline support would invalidate bullish setupTraders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Source Message: TradingView
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