$AVAX BREAKOUT STRUCTURE — MOMENTUM BUILDING
AVAXUSDT
Perp
9.305
-3.37%
$AVAX has delivered a strong 4H impulsive move from the 8.30–8.50 demand zone into the 9.50+ area, breaking short-term structure with expanding bullish candles and solid volume. The shift from lower highs to higher highs signals momentum reversal, but price is now approaching the 9.80–10.00 resistance zone where short-term rejection is possible. If bulls defend 9.20–9.30 on pullbacks, continuation toward psychological 10.50 remains realistic. A loss of 9.00 would weaken the breakout structure.
Trade Setup:
Entry: 9.30–9.55
Target 1: 9.90
Target 2: 10.20
Target 3: 10.50
Stop Loss: 8.95