The Macro Picture 🗺️
AVAX unwound from the $10.483 macro ceiling and has spent the summer basing in a $6–7 band, now at $6.251 above the $5.673 macro floor. The steep selling has given way to a sideways grind — a base rebuilding, not a breakdown.
The Setup ⚙️
The Range Floor 🟢
$5.673 (Macro Support) is the demand base the range pivots on. It has held on retest through July, and that's the floor a recovery would build from.
The Decision Point 🔴
$7.112 (Local High) is the gate. A daily close above it flips the local structure bullish; the $7.400 measured-move target sits just above it as the first objective.
The Roadmap 🛣️
Hold above $5.673 → break $7.112 → run toward $7.400. Invalidation is a clean daily close below $5.673 — that breaks the range.
This is a GRID Range Play: a defined band to rotate, buying the lower half and scaling out into the breakout.
More setups in profile.
#AVAX #Avalanche #crypto #trading #TA #3Commas #GRID
AVAX unwound from the $10.483 macro ceiling and has spent the summer basing in a $6–7 band, now at $6.251 above the $5.673 macro floor. The steep selling has given way to a sideways grind — a base rebuilding, not a breakdown.
The Setup ⚙️
The Range Floor 🟢
$5.673 (Macro Support) is the demand base the range pivots on. It has held on retest through July, and that's the floor a recovery would build from.
The Decision Point 🔴
$7.112 (Local High) is the gate. A daily close above it flips the local structure bullish; the $7.400 measured-move target sits just above it as the first objective.
The Roadmap 🛣️
Hold above $5.673 → break $7.112 → run toward $7.400. Invalidation is a clean daily close below $5.673 — that breaks the range.
This is a GRID Range Play: a defined band to rotate, buying the lower half and scaling out into the breakout.
More setups in profile.
#AVAX #Avalanche #crypto #trading #TA #3Commas #GRID
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📈 Stop guessing your settings — backtest & optimize with QuantPilot
🎁 Free to start
🎁 Free to start
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.