๐ $AVAX โ LONG SETUP
Current: ~$11.31
๐ข Entry: $11.05 โ $11.25
๐ฏ TP1: $11.45
๐ฏ TP2: $11.80
๐ฏ TP3: $12.30
๐ SL: $10.70
WHY ๐
๐ฅ $AVAX is one of today's strongest major alts, up ~17% on Binance Futures.
โก The move is happening ahead of Avalanche's Helicon upgrade, scheduled for September 22.
๐ฆ There's also fresh institutional/RWA attention around Avalanche; NYSE has reportedly been testing Avalanche technology, although that does NOT mean NYSE has selected Avalanche for its tokenized-securities platform.
๐ Price has pushed through the previous ~$10 resistance area and is now testing the ~$11.4 region. Binance Futures' current high is ~$11.43.
๐ฅ LOGIC:
$11.05โ11.25 holds โ $11.45 โ $11.80 โ $12.30.
๐ Break + hold above $11.45 = continuation confirmation.
โ Below $10.70 = invalidate.
โ ๏ธ Don't chase a +17% candle. The $11.05โ11.25 retest is the trade
Current: ~$11.31
๐ข Entry: $11.05 โ $11.25
๐ฏ TP1: $11.45
๐ฏ TP2: $11.80
๐ฏ TP3: $12.30
๐ SL: $10.70
WHY ๐
๐ฅ $AVAX is one of today's strongest major alts, up ~17% on Binance Futures.
โก The move is happening ahead of Avalanche's Helicon upgrade, scheduled for September 22.
๐ฆ There's also fresh institutional/RWA attention around Avalanche; NYSE has reportedly been testing Avalanche technology, although that does NOT mean NYSE has selected Avalanche for its tokenized-securities platform.
๐ Price has pushed through the previous ~$10 resistance area and is now testing the ~$11.4 region. Binance Futures' current high is ~$11.43.
๐ฅ LOGIC:
$11.05โ11.25 holds โ $11.45 โ $11.80 โ $12.30.
๐ Break + hold above $11.45 = continuation confirmation.
โ Below $10.70 = invalidate.
โ ๏ธ Don't chase a +17% candle. The $11.05โ11.25 retest is the trade