Everyone's glued to the BTC rally while AVAX is quietly coiling above $17.20, ready to explode. I missed the last squeeze on $15 and got burned, so I'm tightening the leash this time.
$AVAX - LONG
Entry: 17.22 – 17.30
SL: 16.70
TP1: 17.80
TP2: 18.20
TP3: 18.50
Why this setup?
- 4H RSI just cracked 55, showing bullish momentum without being overbought.
- ATR on the 1H is spiking, indicating expanding volatility that fuels a breakout.
- Volume profile on the 15m shows a strong magnet at $17.20‑$17.35, confirming the squeeze is armed.
- 1D trend line divergence: price making higher highs while lower lows on the 4H, a classic invalidation signal for shorts.
Debate: Are you coiling for a long on AVAX or waiting for a pullback to retest $16.70?
$AVAX
$AVAX - LONG
Entry: 17.22 – 17.30
SL: 16.70
TP1: 17.80
TP2: 18.20
TP3: 18.50
Why this setup?
- 4H RSI just cracked 55, showing bullish momentum without being overbought.
- ATR on the 1H is spiking, indicating expanding volatility that fuels a breakout.
- Volume profile on the 15m shows a strong magnet at $17.20‑$17.35, confirming the squeeze is armed.
- 1D trend line divergence: price making higher highs while lower lows on the 4H, a classic invalidation signal for shorts.
Debate: Are you coiling for a long on AVAX or waiting for a pullback to retest $16.70?
$AVAX
