- Entry
- 10.04
- Stop
- 9.70
- TP1
- 10.55
- Conviction
- medium
at $avax 10.04, today's breakout validates a multi-session compression range exit, with expanded volume and rsi(52.2) showing structural shift. this price level is crucial as it's the range's upper boundary, serving as a natural resistance turned support. technical confluence comes from the 4h sma 200 crossover, and a bullish engulfing candle on high volume. with rsi still under 50, upside potential is significant. target 1 at 10.553 aligns with the fibonacci extension of the recent range, and a retest of the broken resistance. stop loss at 9.