$AVAAI is giving a cleaner structural signal than it was a few candles ago.
What stands out here is that open interest is down 4.7%. That gives the move real context instead of treating every candle as a signal.
The area around $0.007639 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Would you take this SHORT setup on $AVAAI, or wait for a cleaner entry?
#AVAAI #Trading
Trade plan: SHORT
Entry: $0.01083
SL: $0.010885
TP1: $0.007639
TP2: $0.007638
TP3: $0.007637
What stands out here is that open interest is down 4.7%. That gives the move real context instead of treating every candle as a signal.
The area around $0.007639 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Would you take this SHORT setup on $AVAAI, or wait for a cleaner entry?
#AVAAI #Trading
Trade plan: SHORT
Entry: $0.01083
SL: $0.010885
TP1: $0.007639
TP2: $0.007638
TP3: $0.007637
