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At the moment, $AVAX is moving around 9.300 USDT. That leaves the daily change near +2.31%.
For me the real question is whether this is a good place to act at all.
My short-term lean is still bearish.
The first things I would look at here are simple:
First, risk-reward starts fading when price is this extended
Then, the move already feels crowded and vulnerable to a flush
Also, this looks more stretched than strong at the moment
If I trade this, the idea is closer to: failed sweep / rebound trap / support breakdown
Suggested entry: 9.374 USDT
Initial take-profit area: 8.816 USDT
Stop reference: 9.598 USDT
Signal that cancels the setup: 5m reclaims resistance / 15m reclaims the sweep high
Risk/reward: 2.50R
Let price come to you first.
$AVAX