$AVAX Breakout WAIT - Do Not Chase
Verdict: WAIT - broke the 8.273 ceiling on huge volume but the retest has not printed yet, and buying the vertical spike at 8.92 fails the R gate.
The box:
HIGH 8.273 x3 touches
MID 8.023
LOW 7.773 sweep low x4 low visits (5 percent tolerance)
The plan (conditional only):
Entry only if a retest holds 8.27-8.35 with a 1h close back above 8.273. No trigger = no trade.
Stop 7.936 under the sweep base, give it room, risk about 4.5 percent. TP1 9.06 net R ~2.0, TP2 9.16 net R ~2.3.
Alt: if price runs straight to 9.06-9.16 with no retest, let it go, no chase entry.
Invalidation: 1h close back below 8.273 after entry kills the long. 4h close below 7.773 kills the whole breakout idea.
Positioning: funding pinned at the floor, no crowding signal, OI flat near 9.2M AVAX, retail long/short 1.48. BTC daily in breakdown at 74823 so size small until BTC turns. #write2earn
Reply with your coin you want analysis on.
Verdict: WAIT - broke the 8.273 ceiling on huge volume but the retest has not printed yet, and buying the vertical spike at 8.92 fails the R gate.
The box:
HIGH 8.273 x3 touches
MID 8.023
LOW 7.773 sweep low x4 low visits (5 percent tolerance)
The plan (conditional only):
Entry only if a retest holds 8.27-8.35 with a 1h close back above 8.273. No trigger = no trade.
Stop 7.936 under the sweep base, give it room, risk about 4.5 percent. TP1 9.06 net R ~2.0, TP2 9.16 net R ~2.3.
Alt: if price runs straight to 9.06-9.16 with no retest, let it go, no chase entry.
Invalidation: 1h close back below 8.273 after entry kills the long. 4h close below 7.773 kills the whole breakout idea.
Positioning: funding pinned at the floor, no crowding signal, OI flat near 9.2M AVAX, retail long/short 1.48. BTC daily in breakdown at 74823 so size small until BTC turns. #write2earn
Reply with your coin you want analysis on.
