Think Retail Buyers Can Stop This Aggressive Bearish Range Breakdown?
Entry: $11.127
Take Profit: $9.464
Stop Loss: $11.417
Price repeatedly failed to breach range resistance, printing multiple upper rejection wicks before unleashing a powerful red breakdown candle. Aggressive sell-side volume is driving the order book down, shattering local support and trapping overleveraged buyers at the top. With market structure pivoting decisively in favor of the bears, momentum is locked in to accelerate straight down toward $9.464!
$AVAX
Entry: $11.127
Take Profit: $9.464
Stop Loss: $11.417
Price repeatedly failed to breach range resistance, printing multiple upper rejection wicks before unleashing a powerful red breakdown candle. Aggressive sell-side volume is driving the order book down, shattering local support and trapping overleveraged buyers at the top. With market structure pivoting decisively in favor of the bears, momentum is locked in to accelerate straight down toward $9.464!
$AVAX
