AVAX - Range Support Coming Into Focus

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AVAX - Range Support Coming Into FocusAVAX/USDTOKX:AVAXUSDTTheSignalystAVAX has been trading within a large range, with price repeatedly reacting between the upper and lower boundaries. 📊 📌 As AVAX approaches the lower bound of this range, which also aligns with the psychological $6 round number, we will be looking for trend-following long setups. This confluence creates an important decision area where buyers may once again step in and defend the broader range. However, rather than anticipating the bounce, we will wait for price action to confirm that the support is holding before considering any positions. Will buyers defend the $6 support and push AVAX back toward the upper bound of the range, or will sellers finally force a breakdown? 🤔 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr