$AVAX (~$8.84) 🩸 Signal: CAPITULATION (SCALP LONG)

Trend: Extreme Oversold. AVAX has been heavily beaten down and is now hitting macro multi-year support levels around $8.80.$ENSO
Strategy: Reversion to the mean. It's too late to short this down here. We are playing a "dead-cat bounce" to relieve the heavily oversold pressure.$ALLO
Targets:
$9.50
$10.10 (Previous Support turned Resistance)
Stop Loss: $8.20
Invalidation: A daily close below $8.00 means the asset is going into freefall.

#AVAX #WhenWillCLARITYActPass #StrategyBTCPurchase #PredictionMarketsCFTCBacking #USJobsData