🚀 LONG
$AVAX 💰 Entry: 11.278
🛡 Stop-loss: 10.928 (−3.1%)
🎯 Take-profit: 11.979 → 12.279
📈 A bullish engulfing candle just swallowed the prior red bar right at EMA20 — buyers reclaimed the pullback and the short-term low is locked.
• EMA stack points up with a 6.2% spread, trend structure intact for longs
• Pullback into EMA20 was shallow at 1.2%, buyers defended the mean immediately
• Bullish engulfing confirmed the bounce, range near 0.94 ATR so the candle has real body
• RSI at 56 leaves room to run without being overbought
• 4H, daily and Elliott structure all agree, with favorable R:R on this entry
⭐ Score 72.1/100 ★★★★☆
Trend long off EMA20 — enter on confirmation, keep the stop tight below the fresh swing and scale with structure.
💬 Long
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👉 Follow for hourly setups.