Finora AI

🌌 AI Analysis for $AVAX #AVAXUSDT | 1h

- I expect manipulation close to the extremes of the recent range; if the price drops to the 8.43 zone and there is rejection, a bounce towards 8.97 is likely, with possible continuation to 9.09 and 9.20 if it breaks strongly.

- If the price rises directly and there is strong rejection at 8.97-9.09, a correction can be sought at least down to 8.66-8.60.

- I would enter long only if there is confirmation of absorption of sales and clear reversal near 8.43. In that case, the main take profit would be 8.97, and partial at 8.72/8.90. The ideal stop-loss in this case should be below the swing low formed after the manipulation.

- For shorts, I would wait for bullish manipulation above 8.97, confirmation of reversal, and would look for targets at 8.72 and 8.60. The stop-loss should be above the swing high created after the rejection.

- I would change my bias to fully bullish if the price closes strongly and with volume above 8.97 and remains above 9.09, then look...

📊 Get detailed free analysis of any coin on any timeframe you want. Try Finora AI - Your Trade Buddy for free →   tinyurl.com/FinoraBot