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$AVAX Signal】Long | Breakout and retest confirmation, main force absorbing
After a deep decline on the daily chart, a clear breakout and retest structure has formed on the 4H chart. The price has stabilized above EMA20 and tested previous high resistance.
🎯 Direction: Long
🎯 Entry: 8.82 - 8.88
🛑 Stop Loss: 8.68
$AVAX Break below the previous 4H candle low and EMA20 support, logic invalidated (
🚀 Target 1: 9.25 ) Previous daily minor resistance level (
🚀 Target 2: 9.60 ) Fibonacci 0.382 retracement level and near EMA50 (
Market Analysis: Price rebounded from around 8.30 low, with four co