$AVAX Bulls are being trapped, and a sharp drop is looming 🔴
$AVAX /USDT — Short 🔴
Trading plan:
Entry: 8.86 – 8.8895
Stop loss: 8.9096
Target 1: 8.8329
Target 2: 8.82
Target 3: 8.662
Why this setup?
Bollinger Band Width (BBW) contraction at 0.0114 signals an imminent breakout.
On-Balance Volume (OBV) is trending upward amid extreme overbought conditions.
61.29% of positions are long, creating a trap for investors.
Have you placed your sell order to take profits at the first target of 8.8329, or will you wait until the opportunity passes you by? 👇
$AVAX Reminder: Timeframe: 15m | Event: Whale Accumulation Squeeze
This content is not investment advice. Do your own research (DYOR).
$AVAX /USDT — Short 🔴
Trading plan:
Entry: 8.86 – 8.8895
Stop loss: 8.9096
Target 1: 8.8329
Target 2: 8.82
Target 3: 8.662
Why this setup?
Bollinger Band Width (BBW) contraction at 0.0114 signals an imminent breakout.
On-Balance Volume (OBV) is trending upward amid extreme overbought conditions.
61.29% of positions are long, creating a trap for investors.
Have you placed your sell order to take profits at the first target of 8.8329, or will you wait until the opportunity passes you by? 👇
$AVAX Reminder: Timeframe: 15m | Event: Whale Accumulation Squeeze
This content is not investment advice. Do your own research (DYOR).
