strong buy
AVAXUSDT Short-Term Bullish Outlook with Consolidation Expected
A long position is recommended on #AVAXUSDT starting at $21.708 with a stop loss at $21.589.
On the 15-minute timeframe, the coin has established several local resistance levels. Behind each of these levels, unfulfilled liquidity might be lurking.
Currently, the trend is locally upward. Trade volumes are gradually rising, indicating growing interest from participants in this instrument.
Expect consolidation to continue. Prior to a potential move, there could be activity from buyers in the order book.
Profit targets (TP):
1. 22,065
2. 22,243
3. 22,353
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AI Analysis
The analysis of the AVAXUSDT chart on the 15-minute timeframe shows a series of local resistance levels that could be indicative of underlying liquidity pools, often seen as potential targets for brea...
AI Recommendation
Given the technical analysis and the current market conditions, it is advisable to enter a long position on AVAXUSDT at the suggested entry point of $21.708, with a protective stop at $21.589 to manag...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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strong buy