๐ NEW SIGNAL โ
$AVAX LONG
๐ Binance Futures ยท 10x
๐ฏ Entry zone: 11.10 โ 11.20
๐ฐ Current price: 11.31
๐ Stop-loss: 10.86 (โ2.6% from entry)
โ
Targets:
โข TP1: 11.62 โ +4.2%
โข TP2: 12.01 โ +7.7%
โข TP3: 12.38 โ +11.0%
๐ฅ Why AVAX: +15.4% in 24h on $785M futures volume with a clean staircase of higher lows. Avalanche has lifted off a fresh base near 9.43 and put in a 90-day high at 11.48 โ trials of 11.2-11.3 are holding as demand, not distribution. OI ~$128M and funding just +0.01% (last settled) means longs are NOT crowded yet โ real buyers, not leverage.
๐ The setup: price broke the early-week range with accelerating closes; the last pullback found bids right at the 11.10-11.20 shelf (three 1h contacts today) and bounced off it each time. RSI is healthy, far from overbought โ this is a pullback-continuation structure, not an exhaustion chase. A clean reclaim of 11.48 opens measured move toward 12.01, then 12.38.
๐ Entry rule: price (11.31) sits just ABOVE the zone right now โ wait for the pullback into 11.10-11.20. Do not chase the candle.
๐ The rule we trade by: once TP1 is hit, the stop-loss moves to entry. A winning trade is never allowed to turn into a losing one. ๐
โ Buy the dip at the shelf now, or wait for a fresh breakout above 11.48?
โ ๏ธ Not financial advice. Always DYOR.
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$AVAX