AVAX, key level breakout as a good buying opportunity!

A trend line and key level can be identified on the AVAX chart. The price broke the trend line and tried to break through the key level, but immediately returned below the key level.

This could be a false breakout, but in case the price comes back, squeezes, and breaks the key level there could be a good buying opportunity.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.