AVAX is currently at $12.69, with a solid support level built at $11.78 below. The technical signals are positive—MACD has a bullish crossover with increasing red bars, RSI is at 59.42 without overbought conditions, and volume has picked up, breaking through the 20-day moving average resistance. This wave of rebound momentum is indeed strong.
Keep an eye on this long opportunity with clear targets: the first phase aims for an 8.1% profit, reaching $13.71; if the trend continues smoothly, the second target is to hit $14.76, which would be a 16.3% gain, offering a full 1:3 risk-reward ratio.
How to operate? No need to go all-in at once; dividing into three parts for a more stable approach is better. Enter at the current price of $12.69, and don’t worry about missing the move. If it pulls back to $12.44 later, that’s a good opportunity to add positions and lower the average cost. Stay vigilant on the downside, with a stop-loss set at $12.00, controlling single-position risk at $0.69.
After entering, pay attention to this detail: if the price stabilizes above $13.00, immediately move the stop-loss up to $12.80 to protect your principal. When the price reaches the first target of $13.71, sell half of the position, and move the remaining stop-loss up to $13.20. This way, you can lock in profits without giving them back and comfortably ride the second wave.
A side note: the crypto market is highly volatile, so tightening your stop-loss is not overkill. Always monitor volume and resistance levels for any breakthroughs, and be ready to adjust decisively if the situation changes.
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GasWaster
· 12h ago
Thirty percent? I'll just go all in haha, anyway the stop loss is already set, see you at 13.71
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DegenWhisperer
· 12h ago
The purely technical aspect is indeed impressive, but I still have some reservations at this price point...
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AllInAlice
· 12h ago
This wave definitely has clear signals; the position is stable, but you must always be ready to run.
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GweiTooHigh
· 12h ago
Bro, it's the same old staged approach in batches, getting a bit addictive now.
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Blockblind
· 12h ago
This wave of AVAX's rhythm is indeed good, with a solid approach to position division and a well-thought-out 1:3 profit and loss ratio. However, I still have to say, don't be soft on the $12.00 stop loss; the market doesn't tolerate hesitation.
AVAX is currently at $12.69, with a solid support level built at $11.78 below. The technical signals are positive—MACD has a bullish crossover with increasing red bars, RSI is at 59.42 without overbought conditions, and volume has picked up, breaking through the 20-day moving average resistance. This wave of rebound momentum is indeed strong.
Keep an eye on this long opportunity with clear targets: the first phase aims for an 8.1% profit, reaching $13.71; if the trend continues smoothly, the second target is to hit $14.76, which would be a 16.3% gain, offering a full 1:3 risk-reward ratio.
How to operate? No need to go all-in at once; dividing into three parts for a more stable approach is better. Enter at the current price of $12.69, and don’t worry about missing the move. If it pulls back to $12.44 later, that’s a good opportunity to add positions and lower the average cost. Stay vigilant on the downside, with a stop-loss set at $12.00, controlling single-position risk at $0.69.
After entering, pay attention to this detail: if the price stabilizes above $13.00, immediately move the stop-loss up to $12.80 to protect your principal. When the price reaches the first target of $13.71, sell half of the position, and move the remaining stop-loss up to $13.20. This way, you can lock in profits without giving them back and comfortably ride the second wave.
A side note: the crypto market is highly volatile, so tightening your stop-loss is not overkill. Always monitor volume and resistance levels for any breakthroughs, and be ready to adjust decisively if the situation changes.