🚨 $AVAX : The Retest Setup That Could Send It to $10.82! (LONG Setup 🎯)
$AVAX is pulling back after a strong run, and the structure is building for a clean long entry — but only on confirmation. **Do not chase above $9.75.** The current price (~$9.692) is already in the chase zone. Wait for the pullback to hold support and reclaim the trend.
Confirmation Trigger: 15M CHoCH + reclaim of $9.55 with volume > 500K AVAX, OR 1H close above $9.75 with volume > 1M AVAX.
📍 Ideal Entry: $9.35
🚫 Chase Zone / Invalid: Above $9.75 → CANCEL
🎯 Target 1:$10.15 (Psychological resistance)
🚀 Target 2: $10.50 (Mid-range liquidity magnet)
🚀 Target 3: $10.823 (24H high, stop cluster)
🛑 Stop Loss: $8.90 (Below 15M swing low, $9.00 psychological level, and 4H Supertrend)
⚠️ Risk Note: MAE/Wick risk is HIGH due to AVAX's ~$0.41 daily ATR. Manage position size accordingly.
Will AVAX hit $10.00 or retest $8.95 first? comment below! 👇
#AVAX #Avalanche #Crypto #BinanceSquare
(If you found this setup helpful, smash the 👍 LIKE button and consider leaving a 💡 TIP to support my work!)
$AVAX is pulling back after a strong run, and the structure is building for a clean long entry — but only on confirmation. **Do not chase above $9.75.** The current price (~$9.692) is already in the chase zone. Wait for the pullback to hold support and reclaim the trend.
Confirmation Trigger: 15M CHoCH + reclaim of $9.55 with volume > 500K AVAX, OR 1H close above $9.75 with volume > 1M AVAX.
📍 Ideal Entry: $9.35
🚫 Chase Zone / Invalid: Above $9.75 → CANCEL
🎯 Target 1:$10.15 (Psychological resistance)
🚀 Target 2: $10.50 (Mid-range liquidity magnet)
🚀 Target 3: $10.823 (24H high, stop cluster)
🛑 Stop Loss: $8.90 (Below 15M swing low, $9.00 psychological level, and 4H Supertrend)
⚠️ Risk Note: MAE/Wick risk is HIGH due to AVAX's ~$0.41 daily ATR. Manage position size accordingly.
Will AVAX hit $10.00 or retest $8.95 first? comment below! 👇
#AVAX #Avalanche #Crypto #BinanceSquare
(If you found this setup helpful, smash the 👍 LIKE button and consider leaving a 💡 TIP to support my work!)