For this
$AVAX long position, I took profit on 70% around 7.406. It’s not that I’m no longer bullish, but profit-taking is starting to emerge near the previous high, while trading volume has not continued to expand, so holding the full position is less attractive.
When I entered, I was looking for a pullback after the breakout to confirm it. The key level around 7.236 held repeatedly, and volume contracted on the pullback, so I felt comfortable going long with the structure. With a floating profit of +166.81% so far, I’m realizing most of the profits first, while the remaining 30% will see