AVAX bounced back fairly quickly, so I’m looking to sell the rebound: SHORT around 10.29–10.30 USDT as a reference plan.
MY VIEW
The next four hours are likely to be sideways with a bearish bias, with low confidence. If price breaks above 10.34, I’ll drop this idea.
CONTEXT
Price is above VWAP, but the 1h/4h charts are still weak. The short-term bounce is moving against the broader trend; entering aggressively could mean getting stopped out early.
4-HOUR SCENARIO
End-of-period price: above 10.4206: 26%; within 10.1454–10.4206: 55%; below 10.1454: 19%.
Historical frequencies, unadjusted; n=93 non-overlapping samples. The corresponding 95% ranges are 18–36%, 45–65%, and 13–29%.
MY TRADE SETUP
SHORT 10.29–10.30; hard SL at 10.34. TP1 10.061; TP2 10.011, near the previous low. Minimum R:R of 3.19/3.95 after 0.10% fees and 0.06% slippage. Risk 0.5% of the account; avoid high leverage; take partial profit at TP1.
DATA
Binance Spot, candle closed at 09:59 on 09/10, UTC+7. No real trade has been executed.
$AVAX #AVAX #TradingPlan #molang
Not investment advice.
MY VIEW
The next four hours are likely to be sideways with a bearish bias, with low confidence. If price breaks above 10.34, I’ll drop this idea.
CONTEXT
Price is above VWAP, but the 1h/4h charts are still weak. The short-term bounce is moving against the broader trend; entering aggressively could mean getting stopped out early.
4-HOUR SCENARIO
End-of-period price: above 10.4206: 26%; within 10.1454–10.4206: 55%; below 10.1454: 19%.
Historical frequencies, unadjusted; n=93 non-overlapping samples. The corresponding 95% ranges are 18–36%, 45–65%, and 13–29%.
MY TRADE SETUP
SHORT 10.29–10.30; hard SL at 10.34. TP1 10.061; TP2 10.011, near the previous low. Minimum R:R of 3.19/3.95 after 0.10% fees and 0.06% slippage. Risk 0.5% of the account; avoid high leverage; take partial profit at TP1.
DATA
Binance Spot, candle closed at 09:59 on 09/10, UTC+7. No real trade has been executed.
$AVAX #AVAX #TradingPlan #molang
Not investment advice.