Today's Trade Plan $AVAX
• Setup: Price has just broken above the falling-wedge, accompanied by breakout volume.
• Entry: Buy Limit around 23.00–23.10 (the previous wedge peak becomes support).
• Stop-loss: Below the wedge bottom at 21.60.
• Take-profit:
• TP1 = 25.00 (near the previous small peak area)
• TP2 = 26.40 (projected height of the wedge)
• Risk management: Only use 1–2% of the account, ensuring RR ≥ 1:1.5.
• Confirmation: Wait for a candle to retest the wedge with a long lower wick or a bullish engulfing on the 1-hour timeframe before executing the order.