$AVAX / $USDT (1H) - MOMENTUM LONG
#Avalanche is looking incredibly strong here. We've seen a solid recovery from the $8.37 floor, and we are currently attacking the major resistance at $10.55. The volume is supporting this push, and the market structure has shifted fully bullish on the 4H.
I’m looking for a slight dip to fill the local inefficiency before the next leg up to $11+.
Trade Positions : LONG
Entry : $10.05 – $10.25
TP1 : $10.52
TP2 : $11.15
TP3 : $11.80
Stop Loss: 9.68 (Below the 4H support structure)
Note: Don't chase the green candle. If we break 10.60 with a 4H candle close, the move to 11.00 will be very fast. Manage your risk!
AVAX
9.7
-3.96%