$AVAX
1. Incremental Position Building:
If the expected price will continue to rise but is currently close to the short-term resistance level, consider incrementally building positions when the price pulls back to the support area (e.g., 34.5-35.0) to reduce cost and risk.
2. Stop Loss Settings:
• For short-term operations, set the stop loss below 33.0-33.5 to guard against unexpected rapid pullbacks.
• For medium to long-term layouts, consider setting the stop loss lower, such as below 30.0.
3. Take Profit Settings:
• First target level: 36.8-37.5, it is recommended to take partial profits in this area.
• Second target level: above 40.0, if the breakout is valid, continue to hold for higher points.
4. Risk Warning:
• Current bullish sentiment is relatively high; if market sentiment reverses, the pullback could be quick, so closely monitor the support effect of key moving averages.
• If the price falls below 34.5 with increased trading volume, be alert for further declines.