$AVAX JUST PUSHED INTO A VERY IMPORTANT RESISTANCE ZONE
AVAX is trading around $11.43 after climbing from the $10.80 area and reaching $11.69.
What I like here is the structure. Buyers have been steadily pushing price higher, and AVAX is now holding above the recent breakout area.
I want to see $11.40–$11.45 hold as support.
Entry: $11.40–$11.48
SL: $11.20
TP1: $11.69
TP2: $11.85
TP3: $12.00
Avalanche's Helicon upgrade went live on mainnet on September 22, bringing changes to C-Chain execution, gas pricing and staking economics. The upgrade adds a fresh fundamental catalyst to the current price action.
The biggest risk is a rejection from $11.69 followed by a break below $11.20.
Hold $11.40 = bulls remain in control.
Break $11.69 = $12.00 comes into focus.
$AVAX #BinanceLaunchesBinanceIntelligence #EvernorthXRPTreasuryCompletesSPACMerger #ETHUp70%InQ3ButLiquidityFalls
AVAX is trading around $11.43 after climbing from the $10.80 area and reaching $11.69.
What I like here is the structure. Buyers have been steadily pushing price higher, and AVAX is now holding above the recent breakout area.
I want to see $11.40–$11.45 hold as support.
Entry: $11.40–$11.48
SL: $11.20
TP1: $11.69
TP2: $11.85
TP3: $12.00
Avalanche's Helicon upgrade went live on mainnet on September 22, bringing changes to C-Chain execution, gas pricing and staking economics. The upgrade adds a fresh fundamental catalyst to the current price action.
The biggest risk is a rejection from $11.69 followed by a break below $11.20.
Hold $11.40 = bulls remain in control.
Break $11.69 = $12.00 comes into focus.
$AVAX #BinanceLaunchesBinanceIntelligence #EvernorthXRPTreasuryCompletesSPACMerger #ETHUp70%InQ3ButLiquidityFalls