- Entry
- 11.58
- Stop
- 12.02
- TP1
- 10.90
- Conviction
- medium
At 11.57, AVAX tests multi-session range high, hitting 50 DMA resistance, near Fib 61.8% retrace from latest low. Accompanying volume expansion and RSI(49.8) rollover suggest bearish divergence. Targeting 10.902 - recent low and Fib 38.2% retrace - on a clean hourly close below 11.57, invalidating short at 12.015