$AVAX
✅Short -$9.90
Trigger: Wait for a pullback into this resistance zone before entering short
Why: The nearest valid resistance is $9.90–$9.99. Shorting at current price ($9.799) would mean chasing the move. A pullback into resistance improves risk/reward and confirms sellers are still active at higher levels.
🔴StopLoss- $10.20
Invalidation: A sustained close above $10.12 would break the bearish structure and invalidate the short thesis.
Take-Profit Targets
✅TP1
Price: $9.48
✅TP2
Price: $9.35
Be careful -TP1 aligns with the nearest swing-low support. TP2 is the measured-move target from the confirmed head-and-shoulders breakdown on the 1h chart.
#NFA #DYOR
✅Short -$9.90
Trigger: Wait for a pullback into this resistance zone before entering short
Why: The nearest valid resistance is $9.90–$9.99. Shorting at current price ($9.799) would mean chasing the move. A pullback into resistance improves risk/reward and confirms sellers are still active at higher levels.
🔴StopLoss- $10.20
Invalidation: A sustained close above $10.12 would break the bearish structure and invalidate the short thesis.
Take-Profit Targets
✅TP1
Price: $9.48
✅TP2
Price: $9.35
Be careful -TP1 aligns with the nearest swing-low support. TP2 is the measured-move target from the confirmed head-and-shoulders breakdown on the 1h chart.
#NFA #DYOR