The entry filled and the call is being tracked candle by candle.
What is the logic behind this AVAX long?
Written by the trader before the outcome was known, and never edited since.
Long $AVAX 10.38: Secure entry on clean retest of flipped $11.10 resistance, now support, with strong FVG and 50EMA/RSI(50) confluence. Target: $12.50, Invalidation: $10.
Thesis at publication
The longer case, also locked at publication.
long $avax 10.38, sl 10.05, t1 10.875. key horizontal support/resistance flip at 10.38, retested cleanly today, absorption visible on lower tfs. technical confluence: strong daily candles post-monday gap, trending up through weekly s/r. target 1 (10.875) aligns with measured move from recent swing high, confirmed by bullish rsi divergence. invalidated below 10.05, respecting daily level and trendline.
Market context
What was true around AVAX when this call was published.
Among active calls posted on TradeLiveX at that moment, 100% of 3 open AVAX calls from 3 traders were long.
3 graded calls, 67% closed above breakeven, mean +0.81R. Frozen as of the post — it is not recomputed.
Across all 60 graded AVAX calls on TradeLiveX from 51 traders, 43% closed above breakeven with a mean of -0.04R.
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