Long $AVAX , buyers need 8.55 to hold on the 4H.
I'm watching 8.553–8.565 for a hold, not a wick. If 8.49 breaks I drop the idea and move on.
Entry 8.553–8.565 (long)
Targets 8.602 → 8.630 → 8.673
Invalidation 8.488
4H price is 8.56, below EMA50 at 8.82, so it's counter-trend and the stop stays put. 0.83% to the stop, 1.3% to TP3, about 1.6R if the full move plays out.
Does 8.55 hold, or do we flush to 8.49?
Plan, not advice.
I'm watching 8.553–8.565 for a hold, not a wick. If 8.49 breaks I drop the idea and move on.
Entry 8.553–8.565 (long)
Targets 8.602 → 8.630 → 8.673
Invalidation 8.488
4H price is 8.56, below EMA50 at 8.82, so it's counter-trend and the stop stays put. 0.83% to the stop, 1.3% to TP3, about 1.6R if the full move plays out.
Does 8.55 hold, or do we flush to 8.49?
Plan, not advice.
