$AVAX: Smart Money Flow Increases into $AVAX Ahead of Catalysts
LONG SETUP AVAX
Entry: $11.1000 - $11.2000
Stop Loss: $10.7040
Take Profit: $12.0420 (2R)
Key Levels: Support $11.0630 | Resistance $11.3990
Technical Analysis for $AVAX: AVAX is trading above its EMA9/21/50 and the MACD histogram stays positive, indicating bullish momentum. RSI at 68.8 and Stoch K 85 suggest overbought conditions, a potential shortterm pullback. A pullback toward the 1hour support zone around 11.0611.10 offers a long entry. Watch for a break below 11.06 to invalidate, or a clear close above 11.40 for upside.
Market Context: BTC shows a slight 0.6% dip on 4hour mixed trend, while overall market breadth leans bearish (56.5% red). AVAXs strength appears relative
LONG $AVAX
LONG SETUP AVAX
Entry: $11.1000 - $11.2000
Stop Loss: $10.7040
Take Profit: $12.0420 (2R)
Key Levels: Support $11.0630 | Resistance $11.3990
Technical Analysis for $AVAX: AVAX is trading above its EMA9/21/50 and the MACD histogram stays positive, indicating bullish momentum. RSI at 68.8 and Stoch K 85 suggest overbought conditions, a potential shortterm pullback. A pullback toward the 1hour support zone around 11.0611.10 offers a long entry. Watch for a break below 11.06 to invalidate, or a clear close above 11.40 for upside.
Market Context: BTC shows a slight 0.6% dip on 4hour mixed trend, while overall market breadth leans bearish (56.5% red). AVAXs strength appears relative
LONG $AVAX
