AVAX/USDT | 4-Hour Demand Zone Setup

9 Jan

This trade setup for AVAX/USDT on the 4-hour timeframe is based on a potential bounce from a strong demand zone. Here's the trade plan:

• Entry: Around $35.585, within the demand zone (highlighted in gray) starting at $35.685.
  
• Stop-Loss: Below the demand zone at $33.446 to account for a breakdown of the zone.
  
• Take-Profit: Targeting $44.909, corresponding to a key resistance level and a solid risk-reward ratio.
  

This setup relies on the buyers' interest at the demand zone and assumes a potential reversal or retracement from this area. As always, monitor the trade and adjust according to market conditions. Feedback or refinements are welcome!

10 Jan

Dagangan aktif

Limit hit. Went up ~5.5% before retesting the same zone and up again. Let's see how this one goes.