📊 AVAX Technical Analysis & Setup
AVAX shows strong bullish momentum following a liquidity sweep below 10.882, cleaning house and confirming buyers are defending key structural levels.
• Key Support / Demand: 10.90, 10.97 entry zone, with the crucial trend flip level at 10.826.
• Resistance / Supply Targets: 11.008, 11.137 cluster, with extended targets at 11.406 and 11.726.
• Trigger / Confirmation: 15m/1h bullish engulfing or pin bar close above the sweep zone with rising volume.
• Risk / Invalidation: A clean 1h candle close below 10.826 invalidates the bullish setup.
• Market Execution: Monitor standard order book depth and taker flow for continuation squeezes.
Open interest is up 6.6% at $112.2M, signaling active positioning. Always use strict risk management.
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #AVAX #Trading
$AVAX
AVAX shows strong bullish momentum following a liquidity sweep below 10.882, cleaning house and confirming buyers are defending key structural levels.
• Key Support / Demand: 10.90, 10.97 entry zone, with the crucial trend flip level at 10.826.
• Resistance / Supply Targets: 11.008, 11.137 cluster, with extended targets at 11.406 and 11.726.
• Trigger / Confirmation: 15m/1h bullish engulfing or pin bar close above the sweep zone with rising volume.
• Risk / Invalidation: A clean 1h candle close below 10.826 invalidates the bullish setup.
• Market Execution: Monitor standard order book depth and taker flow for continuation squeezes.
Open interest is up 6.6% at $112.2M, signaling active positioning. Always use strict risk management.
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #AVAX #Trading
$AVAX