🔴 $AVAX — SHORT
📍 Entry 8.62
🛑 Stop 8.75 (-1.54%)
🎯 TP1 8.57 (+0.62%)
⚖️ R:R 4.3 · bounce off the level
🧠 The 1D trend is forming lower highs and lower lows beneath falling EMAs, while the bounce on 1H/4H stalled twice at 1h:R:1 after 4 touches below daily resistance. The SL is placed above the 8.738 wick, approximately 1.3 ATR away, while TP1 is just before the upper boundary of the 1d:S:1 zone, approximately 2.1 ATR away, with the remaining position targeting 4h:S:1 and 1d:S:2. The trigger is only a renewed rejection combined with a falling 1H MACD histogram and declining volume; there is no breakout candle yet.
📊 1D / 4H / 1H charts attached.
#avax #crypto #signals
📍 Entry 8.62
🛑 Stop 8.75 (-1.54%)
🎯 TP1 8.57 (+0.62%)
⚖️ R:R 4.3 · bounce off the level
🧠 The 1D trend is forming lower highs and lower lows beneath falling EMAs, while the bounce on 1H/4H stalled twice at 1h:R:1 after 4 touches below daily resistance. The SL is placed above the 8.738 wick, approximately 1.3 ATR away, while TP1 is just before the upper boundary of the 1d:S:1 zone, approximately 2.1 ATR away, with the remaining position targeting 4h:S:1 and 1d:S:2. The trigger is only a renewed rejection combined with a falling 1H MACD histogram and declining volume; there is no breakout candle yet.
📊 1D / 4H / 1H charts attached.
#avax #crypto #signals
