đš $AVAX REJECTION AT 6.825 â SMART MONEY UNLOADING BEFORE THE DROP? đ„
Entry: 6.815 - 6.825 âĄ
Target: 6.800 / 6.770 / 6.720 đ
Stop Loss: 6.840 â ïž
The 6.825 level was a litmus test for buyers, and they failed it spectacularly. A sharp rejection right at the 60 MA left a gaping imbalance, signaling that sellers are firmly in control. đ This is classic distribution â price tapped into premium supply and got immediately absorbed, indicating smart money is offloading into any strength.
đ The volume profile shows aggressive selling, and the RSI is curling down from overbought territory on the short timeframe. đ With invalidation crisp at 6.840, the risk-to-reward leans heavily in favor of the bears. I'm eyeing a cascade down to 6.720 as liquidity gets swept. đŹ Are you taking this short with me, or waiting for a bounce to re-enter? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #AVAX #ShortSetup #AVAXUSDT #Bearish #Crypto
đ» đ»
Entry: 6.815 - 6.825 âĄ
Target: 6.800 / 6.770 / 6.720 đ
Stop Loss: 6.840 â ïž
The 6.825 level was a litmus test for buyers, and they failed it spectacularly. A sharp rejection right at the 60 MA left a gaping imbalance, signaling that sellers are firmly in control. đ This is classic distribution â price tapped into premium supply and got immediately absorbed, indicating smart money is offloading into any strength.
đ The volume profile shows aggressive selling, and the RSI is curling down from overbought territory on the short timeframe. đ With invalidation crisp at 6.840, the risk-to-reward leans heavily in favor of the bears. I'm eyeing a cascade down to 6.720 as liquidity gets swept. đŹ Are you taking this short with me, or waiting for a bounce to re-enter? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #AVAX #ShortSetup #AVAXUSDT #Bearish #Crypto
đ» đ»