Avalanche(AVAX). The price has returned to the mirror level of $97, which has already tested many times. Now we see that the price is forming higher lows and highs. This shows the presence of the buyer and he is ready to buy higher and higher. The big question is, will another higher low be formed?
A drop below the $97 level is possible. After a short consolidation and accumulation of strength by the bulls, the price may start its growth. It is possible to open long positions at the appearance of large volumes, liquidity collections, squeeze etc.
The FUEL for the PUMP will be the traders who open short trades on the correction! If the UPTREND continues, we will look for better entry points higher.
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P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
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