Technical analysis by NakamotoZzzz about Symbol AVAX: Buy recommendation (6/15/2025)

This chart displays a potential reversal long entry at a key support level, attempting to capitalize on a relief rally after a heavy downtrend.Trade Details:Position: LongEntry Price: $18.80Stop Loss: $18.34Take Profit: $21.08Risk-to-Reward (RRR): ~5.06Timeframe: Not specified (likely 1H or 4H)Setup Rationale:AVAX is showing possible signs of bottoming after sustained bearish pressure.The trade banks on a bounce from horizontal support ($18.80 zone).Strong RRR suggests a low-risk, high-reward profile.Current red candle could act as a liquidity sweep before reversal.Conclusion:This is a counter-trend long play aiming to catch a bounce with tight risk management. Traders should confirm with volume/RSI divergence or bullish price action before full conviction.Move Stop LOSS to Entry. Free of Risk.