Avax is inside of a very clear range, swept the range low, and now is hiding MS from Breaish to bullish. there are two kinds of play here, first is to wait for a pullback to around 12.1-12.3 and DCA with a stop loss below the lows at 11.4 which we might or might not get the pullback. the second play is long at the Hourly S/R level with the same stop loss at 11.4. whatever you choose apply risk management. target is around 16- 17 dollars
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My Average entry is 12.2
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took partial profit at 13, stops BE
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still looking good. I cashed out around 55% of my position and with a stop at entry, I am riding this to 18 dollars.