$AVAX is taking a short squeeze, man. It's tight in this consolidation range right now. Most recent candle got a huge upper wick, so sellers are definitely showing up at the high. Momentum's pointing back to the middle of this box, too. I'm fading the test of that short-term resistance level. If it fails to close below it, I'm out.
Plan (15m only): entry ~6.4924 · SL 6.5898 · TP 6.3830 · R:R 1.12
15m only — not a swing call.
#TechnicalAnalysis