$AVAX Holding the Floor After Heavy Sell-Off ⚡
Long Trade Signal (Scalping):
Entry 1: 11.90 – 11.70
Entry 2: 11.45 – 11.25
TP1: 12.60
TP2: 13.40
TP3: 14.30 – 14.80
SL: 10.95
Leverage: 10–25x (keep risk tight)
Open Trade in Future👇🏻
Spot Traders:
Spot entries are better on dips near strong supports. This is not a chase trade — patience gives better positioning.
Why This Trade:
$AVAX has already corrected hard from the upper zone and is now stabilizing near a strong demand area on the daily timeframe. The aggressive selling pressure has slowed down, and price is showing base-building behavior, not continuation of panic.
This zone has previously attracted buyers, and current candles suggest selling exhaustion rather than fresh breakdown momentum. That’s why this setup favors a scalp long, not a short — risk is clearly defined below support, while upside offers clean room for a bounce.
A short here would mean selling directly into support, which carries poor risk-to-reward. Instead, we wait for dips into demand and play the reaction.
Support Zones:
• 11.45 – 11.25 (major daily demand)
• 10.95 – 10.80 (invalid structure zone)
Resistance Zones:
• 12.60 – 12.80 (first supply / reaction area)
• 14.30 – 14.80 (previous breakdown zone)
As long as $AVAX holds above 11.25, dips favor long scalps. A clean breakdown below 10.95 invalidates this idea and calls for reassessment.
If you’re not following Token Talk, you’re missing these high-probability scalping zones while others wait for confirmation too late.