AVAX consolidating in the $34.00 - $36.20 area of support. 📈 Chart Analysis:
Oversold on the 8-hour chart. 🔄 Trading Strategy:
Spot Long Trade: Initiate a spot long trade in the oversold support area. Take-Profit Areas: $40.00 - $42.50 and then $50.00 - $53.00. Stop-Loss: Set just below $30.00. 📣 Conclusion:
Utilize oversold conditions for a potential rebound. Set take-profit areas and manage risk with a defined stop-loss. Trade wisely! 📈💡 #AVAX #TradingStrategy #CryptoMarket 🌐📊
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