$AVAX / USDT, Monthly Swing Long ( not financial advice ) 💸🚀
Entry: Scale in between 10.2 and 11.2 (current price and a pullback toward the breakout area). A more conservative entry is a monthly close above about 12.
Stop Loss: Below 8.2, under the MA7 and the recent candle lows. Hard invalidation is a break of 5.68.
Target 1: About 18, the MA25 and the first big resistance.
Target 2: About 26, the next major level.
Risk/reward: From 11.1 with an 8.2 stop, T1 is about 2.4R and T2 about 5R.
#AVAX
Entry: Scale in between 10.2 and 11.2 (current price and a pullback toward the breakout area). A more conservative entry is a monthly close above about 12.
Stop Loss: Below 8.2, under the MA7 and the recent candle lows. Hard invalidation is a break of 5.68.
Target 1: About 18, the MA25 and the first big resistance.
Target 2: About 26, the next major level.
Risk/reward: From 11.1 with an 8.2 stop, T1 is about 2.4R and T2 about 5R.
#AVAX
