$AVAX Avalanche approaches resistance—will the rebound continue?
AVAX traded at $8.667 on Binance today, November 4, after rising from $8.519 at the start of the day.
Resistance is near $8.75, and a breakout could give buyers a new opportunity.
Conditional AVAX/USDT spot plan
Entry at $8.76–$8.80 after a one-hour close above $8.75 and a successful retest.
First target: $9.00
Second target: $9.20
Stop-loss: $8.58
Price risk is approximately 2.28% with an entry at $8.78.
It is better to wait for confirmation than to chase the rise.
This plan is analytical and not a buy recommendation.
AVAX traded at $8.667 on Binance today, November 4, after rising from $8.519 at the start of the day.
Resistance is near $8.75, and a breakout could give buyers a new opportunity.
Conditional AVAX/USDT spot plan
Entry at $8.76–$8.80 after a one-hour close above $8.75 and a successful retest.
First target: $9.00
Second target: $9.20
Stop-loss: $8.58
Price risk is approximately 2.28% with an entry at $8.78.
It is better to wait for confirmation than to chase the rise.
This plan is analytical and not a buy recommendation.