$AVAX ๐ AVAX/USDT โ When should you enter a trade?
AVAX is currently in a corrective phase after a strong surge to the 11.80 area. The 1H timeframe still maintains an uptrend, but the 15m timeframe is weakening.
Scenario 1: Buy the pullback
Consider entering only if AVAX returns to the 11.15โ11.20 zone and shows price-holding signals.
Required conditions:
โข Price touches 11.15โ11.20 but does not close a 15m candle below 11.15
โข A pin-bar candle or a green candle confirms the bounce
โข BTC stays above the 81.3Kโ81.5K range
๐ Reference entry: 11.17โ11.22
Targets:
โข TP1: 11.33โ11.36
โข TP2: 11.50โ11.60
โข TP3: 11.75โ11.80
If AVAX closes a 15m candle below 11.10โ11.15, the pullback scenario weakens.
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Scenario 2: Buy the breakout
If AVAX doesnโt pull back to the support zone and instead bounces immediately, donโt FOMO-buy mid-way.
Consider only when:
โข AVAX closes a 15m candle above 11.35โ11.36
โข Volume increases compared to the previous candles
โข After the breakout, price retests 11.33โ11.36 but holds
๐ Breakout entry: around 11.35โ11.40 after a successful retest
Targets:
โข 11.50
โข 11.60
โข 11.75โ11.80
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When should you not enter?
โ BTC loses the 81.3K level
โ AVAX closes a 15m candle below 11.10
โ Price pumps straight up to 11.45โ11.50 without a retest
โ Weak breakout volume
๐ Summary:
Best buy: 11.15โ11.20 when there is confirmation of a rebound.
Safer buy: wait for the 11.36 breakout and a successful retest.
No FOMO in the 11.25โ11.35 mid-range if thereโs no clear signal.
#AVAX #AVAXUSDT #BTC #Bitcoin #Crypto #BinanceSquare
AVAX is currently in a corrective phase after a strong surge to the 11.80 area. The 1H timeframe still maintains an uptrend, but the 15m timeframe is weakening.
Scenario 1: Buy the pullback
Consider entering only if AVAX returns to the 11.15โ11.20 zone and shows price-holding signals.
Required conditions:
โข Price touches 11.15โ11.20 but does not close a 15m candle below 11.15
โข A pin-bar candle or a green candle confirms the bounce
โข BTC stays above the 81.3Kโ81.5K range
๐ Reference entry: 11.17โ11.22
Targets:
โข TP1: 11.33โ11.36
โข TP2: 11.50โ11.60
โข TP3: 11.75โ11.80
If AVAX closes a 15m candle below 11.10โ11.15, the pullback scenario weakens.
---
Scenario 2: Buy the breakout
If AVAX doesnโt pull back to the support zone and instead bounces immediately, donโt FOMO-buy mid-way.
Consider only when:
โข AVAX closes a 15m candle above 11.35โ11.36
โข Volume increases compared to the previous candles
โข After the breakout, price retests 11.33โ11.36 but holds
๐ Breakout entry: around 11.35โ11.40 after a successful retest
Targets:
โข 11.50
โข 11.60
โข 11.75โ11.80
---
When should you not enter?
โ BTC loses the 81.3K level
โ AVAX closes a 15m candle below 11.10
โ Price pumps straight up to 11.45โ11.50 without a retest
โ Weak breakout volume
๐ Summary:
Best buy: 11.15โ11.20 when there is confirmation of a rebound.
Safer buy: wait for the 11.36 breakout and a successful retest.
No FOMO in the 11.25โ11.35 mid-range if thereโs no clear signal.
#AVAX #AVAXUSDT #BTC #Bitcoin #Crypto #BinanceSquare