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MyCryptoParadise_Simon
Jan 23, 2024 2:58 PM

AVAX/USDT Bullish Reversal Potential from Support Zone? πŸ‘€πŸš€AVAXΒ Long

AVAX / TetherUSBinance

Description

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πŸ’Ž Paradisers, pay attention as #AVAXUSDT showcases a noteworthy pattern, enhancing the likelihood of a bullish reversal from its support zone.

πŸ’Ž Recently, #Avanlanchi faced a rejection at a strong supply level, and now, it's breaking lower, continuing a lower low trajectory. Despite current sell-side sentiments, an interesting development is observed where the price makes an initial upward move from a flagged zone, only to follow with a downward trend, setting the stage for a potential bullish reversal from support.

πŸ’Ž Should the price breach this critical support, we could witness a significant bearish descent.

Trade closed: target reached

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Comments
Hadi_karaali
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Great insights πŸ‘Œ the marked one is a massive demand zoneπŸ‘
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