Will you sell AVAX based on this chart? Here’s my blunt analysis
Direction — 📉 Sell
📍 @ 7.229 | Volume: $69.61M
RSI 53 | EMA20: $7.223
📉 Trading plan:
📉 Entry: 7.198 – 7.270
🛑 Stop loss: 7.344
🎯 Target 1: 6.905
🎯 Target 2: 6.612
🎯 Target 3: 6.319
📊 Confidence: 80%
EMA50 is above the current price — the medium-term trend favors the bears.
Stop first, then volume, then entry. This is the correct order.
Open the trade 👈 $AVAX 👉 before it’s too late
#AVAX
Direction — 📉 Sell
📍 @ 7.229 | Volume: $69.61M
RSI 53 | EMA20: $7.223
📉 Trading plan:
📉 Entry: 7.198 – 7.270
🛑 Stop loss: 7.344
🎯 Target 1: 6.905
🎯 Target 2: 6.612
🎯 Target 3: 6.319
📊 Confidence: 80%
EMA50 is above the current price — the medium-term trend favors the bears.
Stop first, then volume, then entry. This is the correct order.
Open the trade 👈 $AVAX 👉 before it’s too late
#AVAX
