📉 $AVAX REJECTED TWICE AT 6.75 – SHORTING THE ECHO
Entry: 6.63 ⚡
Target: 6.50 🚀
Stop Loss: 6.75 ⚠️
💡 The 6.75 level has acted as a clear supply zone — two tests, two rejections, each with weaker follow‑through. The bounce to 6.63 lacks volume, and the order book shows no aggressive bids. MACD is rolling over on the 1H, confirming fading momentum. 📊 This isn't accumulation — it's a low‑conviction dead cat pattern.
🔍 Secondary target at 6.38 sits within an old inefficiency zone, making it a logical extension if price breaks 6.50. The risk‑to‑reward is tight, and the structure is clean. Shorting the echo, not the wave. 💬 Are you front‑running the next sweep or waiting for a retest of supply?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #AVAX #ShortSetup #Rejection #Crypto #Trading
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Entry: 6.63 ⚡
Target: 6.50 🚀
Stop Loss: 6.75 ⚠️
💡 The 6.75 level has acted as a clear supply zone — two tests, two rejections, each with weaker follow‑through. The bounce to 6.63 lacks volume, and the order book shows no aggressive bids. MACD is rolling over on the 1H, confirming fading momentum. 📊 This isn't accumulation — it's a low‑conviction dead cat pattern.
🔍 Secondary target at 6.38 sits within an old inefficiency zone, making it a logical extension if price breaks 6.50. The risk‑to‑reward is tight, and the structure is clean. Shorting the echo, not the wave. 💬 Are you front‑running the next sweep or waiting for a retest of supply?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #AVAX #ShortSetup #Rejection #Crypto #Trading
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