๐จ $AVAX USDT SHORT SETUP โ REJECTION AT RESISTANCE! ๐ฏ
$AVAX is showing rejection at a key resistance zone after failing to hold above recent highs. Momentum is shifting bearish, and this setup offers a clean short entry with defined risk and a solid risk-to-reward ratio.
Trade Plan:
๐ Entry: $10.595
๐ฏ Target 1: $9.977
๐ฏ Target 2: $9.565
๐ Stop Loss: $11.007
๐ Risk: 0.412 (3.89%) | Reward: 0.618 (5.83%) to TP1, 1.03 (9.72%) to TP2 | R:R: 1:1.5 to TP1, 1:2.5 to TP2
Why Short?
ยท Rejection at key resistance zone
ยท Bearish structure forming on lower timeframes
ยท Tight invalidation โ clean risk definition
ยท RSI showing exhaustion after recent push
Will AVAX hit the target or bounce back? comment below! ๐
#AVAX #Avalanche #Crypto #BinanceSquare #ShortSetup
(If you found this setup helpful, smash the ๐ LIKE button and consider leaving a ๐ก TIP to support my work!)
$AVAX is showing rejection at a key resistance zone after failing to hold above recent highs. Momentum is shifting bearish, and this setup offers a clean short entry with defined risk and a solid risk-to-reward ratio.
Trade Plan:
๐ Entry: $10.595
๐ฏ Target 1: $9.977
๐ฏ Target 2: $9.565
๐ Stop Loss: $11.007
๐ Risk: 0.412 (3.89%) | Reward: 0.618 (5.83%) to TP1, 1.03 (9.72%) to TP2 | R:R: 1:1.5 to TP1, 1:2.5 to TP2
Why Short?
ยท Rejection at key resistance zone
ยท Bearish structure forming on lower timeframes
ยท Tight invalidation โ clean risk definition
ยท RSI showing exhaustion after recent push
Will AVAX hit the target or bounce back? comment below! ๐
#AVAX #Avalanche #Crypto #BinanceSquare #ShortSetup
(If you found this setup helpful, smash the ๐ LIKE button and consider leaving a ๐ก TIP to support my work!)