$AVAX

AVAX market update: strong counterattack after false break, brothers have a chance!

This morning, AVAX staged a "false break" of the 20-day moving average, and then pulled back immediately after a brief drop. Now it has begun to hover near the resistance of the upper boundary of the channel, and it is obviously ready to break through! What should we do next? Simple and crude, two ideas:

1. Break through the upper boundary of the channel at about 37

Enter the market and go long! After the breakthrough is confirmed, it can rise to 42, or even hit the target price of 50.

2. The pullback after the breakthrough fails

It is safe to open a short position! If the upper boundary cannot be stabilized, the price may continue to fall, and the target is 33 (20-day moving average) or the bottom support line of the channel.

Operation points:

Observe the key position: keep an eye on the resistance area of ​​37, and whether it breaks through or not determines the next direction.

Don't be impulsive, wait for the signal: enter the market after the breakthrough is confirmed or the failed backtest, to avoid being washed out by shocks.

Brothers, the market is right in front of you, keep your mind steady, the opportunity may be in the next second! 🎯