$AVAX long setup in the zone 8.240–8.271 on the 4H.
I'm watching for buyers to step in here. A hold above 8.24 keeps the long idea alive.
Why this level:
• 4H at 8.26 shows price holding, but below the EMA50 at 8.63
• Risk 2.3% to stop loss vs 3.6% to TP3, a solid risk/reward
• RSI at 38 on the 1H, reset and ready for a bounce
🟢 LONG
Entry: 8.240–8.271
TP: 8.367 / 8.441 / 8.552
SL: 8.069
Will buyers defend this level or not?
Not advice, size it yourself.
I'm watching for buyers to step in here. A hold above 8.24 keeps the long idea alive.
Why this level:
• 4H at 8.26 shows price holding, but below the EMA50 at 8.63
• Risk 2.3% to stop loss vs 3.6% to TP3, a solid risk/reward
• RSI at 38 on the 1H, reset and ready for a bounce
🟢 LONG
Entry: 8.240–8.271
TP: 8.367 / 8.441 / 8.552
SL: 8.069
Will buyers defend this level or not?
Not advice, size it yourself.
