Everyone's glued to the BTC rally, but AVAX just broke the $17.20 ceiling and the 4H is coiled for a fresh squeeze.
$AVAX - LONG
Entry: 17.20 – 17.30
SL: 16.50
TP1: 18.20
TP2: 18.80
TP3: 19.00
Why this setup?
- 4H RSI jumped to 62, still below overbought, showing room to run.
- ATR (1D) at 0.85 gives a tight risk‑reward on the 0.8% entry band.
- Volume spiked 2.5× the 24‑hour average, acting as a magnet for buying pressure.
- Higher‑timeframe bias: 1D shows a bullish flag forming above the recent high, confirming the upside bias.
Debate: Are you riding the AVAX breakout or waiting for a pull‑back to retest $16.50?
$AVAX
$AVAX - LONG
Entry: 17.20 – 17.30
SL: 16.50
TP1: 18.20
TP2: 18.80
TP3: 19.00
Why this setup?
- 4H RSI jumped to 62, still below overbought, showing room to run.
- ATR (1D) at 0.85 gives a tight risk‑reward on the 0.8% entry band.
- Volume spiked 2.5× the 24‑hour average, acting as a magnet for buying pressure.
- Higher‑timeframe bias: 1D shows a bullish flag forming above the recent high, confirming the upside bias.
Debate: Are you riding the AVAX breakout or waiting for a pull‑back to retest $16.50?
$AVAX
