$AVAX — quick read: short. Trapped in this tight band.
Look guys, this is fading. Price keeps getting smacked right off that resistance cluster; that upper wick on the last candle screams rejection. We're just stuck in this defined range, and that last swing high didn't even try to push past the minor peak. I'm shorting the dip if it breaks that range floor on heavy volume. If it pops over the short-term resistance though, I'm out fast.
Plan (15m only): entry ~7.4073 · SL 7.4814 · TP 7.2730 · R:R 1.81
15m only — not a swing call.
#TechnicalAnalysis
Look guys, this is fading. Price keeps getting smacked right off that resistance cluster; that upper wick on the last candle screams rejection. We're just stuck in this defined range, and that last swing high didn't even try to push past the minor peak. I'm shorting the dip if it breaks that range floor on heavy volume. If it pops over the short-term resistance though, I'm out fast.
Plan (15m only): entry ~7.4073 · SL 7.4814 · TP 7.2730 · R:R 1.81
15m only — not a swing call.
#TechnicalAnalysis
