🚨 $AVAX REJECTION AT SUPPLY – SELLERS SEIZE CONTROL! 🐻
Entry: 6.65 - 6.72 ⚡
Targets: 6.50 / 6.35 / 6.20 / 6.00 📉
Stop Loss: 7.00 ⚠️
🟢 The relief rally hit a wall at the $6.86 resistance, printing consecutive bearish rejection wicks that scream exhaustion. 📊 Volume is throttling down on the bounce, while sellers are stacking bids under the zone. Price is now probing below the $6.65 midpoint – a clean break of $6.50 could open the floodgates toward the next liquidity pool near $6.00.
🦈 Smart money loves shaking out late longs before a trending drop. This is a textbook failed breakout pattern with the story written in the order flow. 💡 Keep the stop tight above recent high to avoid getting caught in a rogue pump. 💬 Do you see price accelerating through $6.50 or another fakeout first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #AVAX #ShortSetup #Rejection #Crypto #Trading
🔴 🐻
Entry: 6.65 - 6.72 ⚡
Targets: 6.50 / 6.35 / 6.20 / 6.00 📉
Stop Loss: 7.00 ⚠️
🟢 The relief rally hit a wall at the $6.86 resistance, printing consecutive bearish rejection wicks that scream exhaustion. 📊 Volume is throttling down on the bounce, while sellers are stacking bids under the zone. Price is now probing below the $6.65 midpoint – a clean break of $6.50 could open the floodgates toward the next liquidity pool near $6.00.
🦈 Smart money loves shaking out late longs before a trending drop. This is a textbook failed breakout pattern with the story written in the order flow. 💡 Keep the stop tight above recent high to avoid getting caught in a rogue pump. 💬 Do you see price accelerating through $6.50 or another fakeout first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #AVAX #ShortSetup #Rejection #Crypto #Trading
🔴 🐻