AVA is spiking lower after the recent bullish rally, slipping beneath the 0.618 retracement and eyeing the next support zone.

๐Ÿ”ด $AVA SHORT ๐Ÿ“‰
Entry โ†’ $0.261938-$0.262462
Stop โ†’ $0.270066 (-3.0%)
TP1 โ†’ $0.258267 (+1.5%)
TP2 โ†’ $0.249090 (+5.0%)
R/R 1:1.7 โ€ข Confidence 64%

The CHoCH broke the bullish swing, while the CVD turned negative confirming the shift. A fresh FVG lines up with the OB at 0.45, and the liquidity sweep took out the prior swing high, giving a tight POI confluence.

A 3.0% stop is fairly tight on this swing, so keep leverage at 2โ€‘3x to preserve margin.

Take a partial profit around the first target near 0.48 to lock in early gains.

DYOR โ€” this isn't financial advice, size your risk accordingly ๐Ÿ™

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