$AVAX - SHORT continuation setup
Real talk: $AVAX longs are paying to hold a position that is bleeding.
Setup:
Entry: 8.85–8.86
TP1: 8.77
TP2: 8.69
TP3: 8.6
SL: 8.94
Positive funding at 0.003% means shorts collect from longs, so holding is costing money while price struggles. What gets me here is that the plan's entry sits about 0.2% above price, so there is no fill yet at 8.85.
Anyone watching 8.85 instead of waiting on the entry zone?
⚠️ Personal market insight, not investment advice. DYOR.
Real talk: $AVAX longs are paying to hold a position that is bleeding.
Setup:
Entry: 8.85–8.86
TP1: 8.77
TP2: 8.69
TP3: 8.6
SL: 8.94
Positive funding at 0.003% means shorts collect from longs, so holding is costing money while price struggles. What gets me here is that the plan's entry sits about 0.2% above price, so there is no fill yet at 8.85.
Anyone watching 8.85 instead of waiting on the entry zone?
⚠️ Personal market insight, not investment advice. DYOR.
