🚨 Trading Setup: Avalanche ( $AVAX ) 🚨
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📊 Current Price: $21.13
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Analyzing Avalanche (AVAX) through Elliott Wave, current trends indicate a struggle below key support levels. We may see further declines before any significant bullish reversal occurs. To shift to a more positive outlook, AVAX must break above the resistance zone of $23.93 - $26.20.
🎯 Target Price (TP): $26.20
📉 Break Price (BP): $23.93
🛑 Stop Loss (SL): $19.50
🔍 Watch closely for the price action near the resistance zone to confirm the next move!
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