AVAX is slipping below the 16.80 resistance, testing the 16.40 swing low with bearish momentum. The market is primed for a short swing.
🔴 $AVAX SHORT 📉
Entry $10.9960-$11.0180 | SL $11.3372 (-3.0%) | TP1 $10.8419 (+1.5%) | TP2 $10.4566 (+5.0%) | R/R 1:1.7 | Conf 64%
A change of character broke the higher highs, while CVD showed sellers taking control, confirming the breakdown. The fair value gap from the 17.10 rally aligns with an order block at 16.45, creating a POI confluence that drives the short bias.
A 3.0% stop is relatively tight, so using 5x leverage keeps risk manageable.
Consider taking half profit around the first target near 15.90.
As always: manage your risk, this is not financial advice 🙏
$AVAX #AVAXUSDT #AKE #TradingSignals #Write2Earn
🔴 $AVAX SHORT 📉
Entry $10.9960-$11.0180 | SL $11.3372 (-3.0%) | TP1 $10.8419 (+1.5%) | TP2 $10.4566 (+5.0%) | R/R 1:1.7 | Conf 64%
A change of character broke the higher highs, while CVD showed sellers taking control, confirming the breakdown. The fair value gap from the 17.10 rally aligns with an order block at 16.45, creating a POI confluence that drives the short bias.
A 3.0% stop is relatively tight, so using 5x leverage keeps risk manageable.
Consider taking half profit around the first target near 15.90.
As always: manage your risk, this is not financial advice 🙏
$AVAX #AVAXUSDT #AKE #TradingSignals #Write2Earn