🔻 $AVAX SHORT SETUP 🔴
Sellers are stepping in — here's the setup. ⚡
AVAX has shown significant bearish momentum over the past 24 hours, marked by a substantial price decline and sustained selling pressure. This breakdown suggests short-term support has been compromised, indicating a high likelihood of further depreciation as the downtrend continues.
📊 24h: -4.31% | Vol: $72,542,282
Trade Plan
Entry: 10.937
Stop Loss: 11.1
TP1: 10.77
TP2: 10.6
TP3: 10.39
⚖️ Risk:Reward (TP1) — 1:1.02
Trigger:
Execute short upon confirmation of current price resistance and continuation of bearish momentum.
Risk Note:
Always implement strict risk management protocols, including appropriate position sizing. Market volatility can lead to rapid price movements; trade responsibly and only with capital you are prepared to lose.
Where do you see this heading? 👇
#AVAX #avax
Sellers are stepping in — here's the setup. ⚡
AVAX has shown significant bearish momentum over the past 24 hours, marked by a substantial price decline and sustained selling pressure. This breakdown suggests short-term support has been compromised, indicating a high likelihood of further depreciation as the downtrend continues.
📊 24h: -4.31% | Vol: $72,542,282
Trade Plan
Entry: 10.937
Stop Loss: 11.1
TP1: 10.77
TP2: 10.6
TP3: 10.39
⚖️ Risk:Reward (TP1) — 1:1.02
Trigger:
Execute short upon confirmation of current price resistance and continuation of bearish momentum.
Risk Note:
Always implement strict risk management protocols, including appropriate position sizing. Market volatility can lead to rapid price movements; trade responsibly and only with capital you are prepared to lose.
Where do you see this heading? 👇
#AVAX #avax