$AVAX: Higher Low Structure Confirmed: Long Entry Level Reached
LONG SETUP AVAX
Entry: $11.0620 - $11.0660
Stop Loss: $10.6500
Take Profit: $11.8920 (2R)
Key Levels: Support $10.9790 | Resistance $11.0400
Technical Analysis for $AVAX: AVAX is holding just above the 1hour resistance at 11.04, trading above the EMA9200 cluster, indicating bullish bias. Orderbook shows a 19% bid imbalance supporting upside. Stochastic sits at 76, hinting overbought, while MACD histogram remains negative, a caution sign. Watch the 11.14 24h high for confirmation; a break above would validate a long entry around 11.06211.066.
Market Context: BTC stays bullish on higher timeframes, up 1.3% in 24h, while the overall market is slightly green (51.4% up).
Can $AVAX hold support and challenge resistance? Follow for more data-led market setups.
LONG $AVAX
LONG SETUP AVAX
Entry: $11.0620 - $11.0660
Stop Loss: $10.6500
Take Profit: $11.8920 (2R)
Key Levels: Support $10.9790 | Resistance $11.0400
Technical Analysis for $AVAX: AVAX is holding just above the 1hour resistance at 11.04, trading above the EMA9200 cluster, indicating bullish bias. Orderbook shows a 19% bid imbalance supporting upside. Stochastic sits at 76, hinting overbought, while MACD histogram remains negative, a caution sign. Watch the 11.14 24h high for confirmation; a break above would validate a long entry around 11.06211.066.
Market Context: BTC stays bullish on higher timeframes, up 1.3% in 24h, while the overall market is slightly green (51.4% up).
Can $AVAX hold support and challenge resistance? Follow for more data-led market setups.
LONG $AVAX
