The HYPE strategy I shared earlier already took profit in the last round. The real move often begins while everyone is still watching for a rebound. In my view, $AVA 's bounce looks more like a clear-cut weak recovery. On the four-hour chart, the price has stayed below the moving averages, which are neatly aligned in a bearish pattern. Rebound volume is clearly lacking, suggesting buyers can't absorb the selling pressure. Looking at the structure, the cluster of moving averages overhead is resistance; every time the price moves up there, it gets pushed back down. This price action is more likely to continue lower.
I’d treat the rebound as an opportunity to open a short, rather than chase a long. Of course, we should guard against a sudden surge, but as long as key levels haven't been reclaimed, the bearish thesis still holds. Keep an eye on the momentum and don't chase prices higher.
🔴 Trade direction: Short
📍 Entry range: 0.2347341 – 0.2358011
🛑 Stop loss: 0.2489602
🎯 Take profit 1: 0.2249981
🎯 Take profit 2: 0.2181518
🎯 Take profit 3: 0.2078823
No need to chase the trend; the trend will come to you.
Stand shoulder to shoulder with Sister Li, and let every moment resonate.
#AVA
Click below to trade 👇
I’d treat the rebound as an opportunity to open a short, rather than chase a long. Of course, we should guard against a sudden surge, but as long as key levels haven't been reclaimed, the bearish thesis still holds. Keep an eye on the momentum and don't chase prices higher.
🔴 Trade direction: Short
📍 Entry range: 0.2347341 – 0.2358011
🛑 Stop loss: 0.2489602
🎯 Take profit 1: 0.2249981
🎯 Take profit 2: 0.2181518
🎯 Take profit 3: 0.2078823
No need to chase the trend; the trend will come to you.
Stand shoulder to shoulder with Sister Li, and let every moment resonate.
#AVA
Click below to trade 👇