$AVAX A long trap is looming, and bears are getting ready to pounce 🔴
$AVAX /USDT — Short 🔴
Trading plan:
Entry: 8.284 – 8.326
Stop loss: 8.4799
Target 1: 8.1311
Target 2: 8.068
Target 3: 7.8876
Why this setup?
Bollinger Band Width contraction (BBW 0.0363) signals incoming volatility.
Rising OBV, alongside 68.31% dominance by long positions, increases the likelihood of a long squeeze.
A buy-to-sell ratio of 2.16 points to risky long accumulation.
This content is not investment advice. Do your own research (DYOR).
$AVAX /USDT — Short 🔴
Trading plan:
Entry: 8.284 – 8.326
Stop loss: 8.4799
Target 1: 8.1311
Target 2: 8.068
Target 3: 7.8876
Why this setup?
Bollinger Band Width contraction (BBW 0.0363) signals incoming volatility.
Rising OBV, alongside 68.31% dominance by long positions, increases the likelihood of a long squeeze.
A buy-to-sell ratio of 2.16 points to risky long accumulation.
This content is not investment advice. Do your own research (DYOR).
