Short $AVAX : price sits at 8.73 on the 4H, the level sellers need.
Reject 8.73 → 8.59, then 8.51.
Reclaim 8.85 → the idea is off the table.
I wait for a rejection here, not a chase into it.
Why this level:
- 4H price 8.72 below EMA50 9.08, trend structure still favors sellers
- Daily below EMA200 8.88, the bigger trend is on this side
- 61% of accounts long, the crowd leans long
🔴 SHORT · Entry 8.705–8.727 · TP 8.638 / 8.585 / 8.507 · SL 8.847
NFA · DYOR
Reject 8.73 → 8.59, then 8.51.
Reclaim 8.85 → the idea is off the table.
I wait for a rejection here, not a chase into it.
Why this level:
- 4H price 8.72 below EMA50 9.08, trend structure still favors sellers
- Daily below EMA200 8.88, the bigger trend is on this side
- 61% of accounts long, the crowd leans long
🔴 SHORT · Entry 8.705–8.727 · TP 8.638 / 8.585 / 8.507 · SL 8.847
NFA · DYOR
