AVAX Is Consolidating Below $12 — Retest Matters
AVAX has built a strong daily recovery from $7.01 to $12.00. Price is now consolidating near $11, with momentum cooling but structure still constructive.
Entry: $10.40–$10.65
SL: $9.95
TP1: $12.00
TP2: $13.20
Confirmation: Hold $10.40–$10.65 and reclaim $11.30.
Invalidation: Daily close below $9.95.
I prefer the retest over chasing price near resistance. A clean $12 breakout could open the next upside leg.
#AVAX #Avalanche
$AVAX
AVAX has built a strong daily recovery from $7.01 to $12.00. Price is now consolidating near $11, with momentum cooling but structure still constructive.
Entry: $10.40–$10.65
SL: $9.95
TP1: $12.00
TP2: $13.20
Confirmation: Hold $10.40–$10.65 and reclaim $11.30.
Invalidation: Daily close below $9.95.
I prefer the retest over chasing price near resistance. A clean $12 breakout could open the next upside leg.
#AVAX #Avalanche
$AVAX
