The BTR strategy I shared earlier has now successfully captured its profit potential this round. As things settle down, the market structure for $AVA is giving clear signals. The four-hour and one-hour moving averages are both aligned bearishly, with price consistently under pressure below the moving-average band. The swing trend has been confirmed to the downside. In this structure, a rebound looks more like an opportunity for bears to add to their positions than the start of a reversal.
Volume has not supported any meaningful breakout to the upside, and the key resistance zone has yet to be reclaimed, suggesting that buying pressure is limited. I favor following the trend and positioning short when the rebound loses momentum, rather than trying to call a bottom. Keep positions small and put risk management first—after all, even when the structure is right, the timing may not work out immediately.
🔴 Trade direction: Short
📍 Entry range: 0.2697682 – 0.2710322
🛑 Stop loss: 0.2823431
🎯 Take profit 1: 0.2614430
🎯 Take profit 2: 0.2554716
🎯 Take profit 3: 0.2465143
Take in the vastness of mountains and seas; observe the market's finer details.
Walk alongside Uncle Xiong and witness the gains and losses of the world.
#AVA
Click below to trade 👇
Volume has not supported any meaningful breakout to the upside, and the key resistance zone has yet to be reclaimed, suggesting that buying pressure is limited. I favor following the trend and positioning short when the rebound loses momentum, rather than trying to call a bottom. Keep positions small and put risk management first—after all, even when the structure is right, the timing may not work out immediately.
🔴 Trade direction: Short
📍 Entry range: 0.2697682 – 0.2710322
🛑 Stop loss: 0.2823431
🎯 Take profit 1: 0.2614430
🎯 Take profit 2: 0.2554716
🎯 Take profit 3: 0.2465143
Take in the vastness of mountains and seas; observe the market's finer details.
Walk alongside Uncle Xiong and witness the gains and losses of the world.
#AVA
Click below to trade 👇