AVAX With Bullish signs, but tricky!

Diagnosis: Current Scenario is strong Upward Trend (Bullish)

Strategy: Buy the Dip, Don't enter while the candle is green and stretched. Wait for the price to correct slightly to ease the RSI (bring it close to 50-60).

$AVAX /USDT - LONG

First Goal: Enter between 8.750 and 8.921

(This is a strong support zone.)
TP: 9.450
SL: 8.721

Why not sell (Short) now?

Shorting now would be trading against the trend. Although the RSI is high, in strong trends the price can remain "overbought" for a long time while continuing to rise. Shorting would only be advisable if the price breaks below the MA7 line with strong selling volume.

AVAX
AVAXUSDT
9.415
+1.15%