$AVAX is back on its daily EMA50 👀
The Sep 18–20 breakout ran from ~$7.6 to $11.3. Now ~$9.77 (-1.6% 24h), sitting just above the EMA50 ($9.55). The Oct 15 sweep printed $9.34 and buyers stepped in.
Wilder RSI(14) 1D 45.5 / 4H 40.6: cooled off, not broken.
My plan:
🟢 Bid $9.50–9.60 (add $9.34–9.40)
🎯 TP1 $10.20–10.30 / TP2 $10.95–11.10
🔴 Out on a 4H close below $9.20
RR from $9.55: ~1.9–2.1R to TP1, ~4.0–4.4R to TP2.
4H is still below EMA20/50. A 4H close back over $10.00 is the first sign buyers are back. Not chasing.
EMA50 holds, or one more sweep under $9.34? 👇
NFA, DYOR.
The Sep 18–20 breakout ran from ~$7.6 to $11.3. Now ~$9.77 (-1.6% 24h), sitting just above the EMA50 ($9.55). The Oct 15 sweep printed $9.34 and buyers stepped in.
Wilder RSI(14) 1D 45.5 / 4H 40.6: cooled off, not broken.
My plan:
🟢 Bid $9.50–9.60 (add $9.34–9.40)
🎯 TP1 $10.20–10.30 / TP2 $10.95–11.10
🔴 Out on a 4H close below $9.20
RR from $9.55: ~1.9–2.1R to TP1, ~4.0–4.4R to TP2.
4H is still below EMA20/50. A 4H close back over $10.00 is the first sign buyers are back. Not chasing.
EMA50 holds, or one more sweep under $9.34? 👇
NFA, DYOR.