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Technical analysis by ProfittoPath about Symbol AVAX: Buy recommendation (6/1/2025)

https://sahmeto.com/message/3570621
ProfittoPath
ProfittoPath
Rank: 197
3.0

Long Trade Analysis – AVAX/USD (30M Chart)!

Buy
Price at Publish Time:
$20.76
Profit Target:
(+5.56%)$21.91
Stop Loss Price:
(-2.00%)$20.34
Buy،Technical،ProfittoPath

📈 ✅ Setup OverviewChart: Avalanche (AVAX) / USD, 30-minute timeframe (Coinbase)Pattern: Descending trendline breakoutTrade Type: Long (Buy)📌 Key LevelsEntry: ~$20.77 (at trendline breakout + above yellow zone)Stop Loss: ~$20.34 (recent low/support zone)Target 1: ~$21.23 (first resistance zone)Target 2: ~$21.91 (major green resistance)📊 Trade JustificationTrendline breakout confirmed with candle close above resistanceBounce from a strong support zone at ~$20.34High reward-to-risk ratio (2:1+), targeting resistance levels📢 Suggested Caption for Sharing:✅ AVAX/USD Long Setup (30M)Trendline breakout with strong support holding!🔹 Entry: 20.77 | SL: 20.34 | TP1: 21.23 | TP2: 21.91Let’s ride the momentum!#AVAX #CryptoTrading #LongSetup #Breakout #TradingView

Source Message: TradingView
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