$AVAAI — SHORT 📉
The setup points to a possible downside continuation as selling pressure builds, with the main focus remaining on rejection from the current zone. A sustained move below support would strengthen the bearish structure.
Trade Details:
Entry: 0.01970
TP1: 0.01800
TP2: 0.01730
TP3: 0.01560
SL: 0.02120
Why we like this:
Price is showing a clear rejection at a key overhead resistance block, with long upper wicks indicating that sellers are aggressively defending this level. As buying volume fades and momentum oscillators point downward, a break below the local support level provides an excellent risk-to-reward opportunity for a fast slide toward the lower target zones.
The setup points to a possible downside continuation as selling pressure builds, with the main focus remaining on rejection from the current zone. A sustained move below support would strengthen the bearish structure.
Trade Details:
Entry: 0.01970
TP1: 0.01800
TP2: 0.01730
TP3: 0.01560
SL: 0.02120
Why we like this:
Price is showing a clear rejection at a key overhead resistance block, with long upper wicks indicating that sellers are aggressively defending this level. As buying volume fades and momentum oscillators point downward, a break below the local support level provides an excellent risk-to-reward opportunity for a fast slide toward the lower target zones.