Short $AVAX : price sits right at 8.56 on the 4H
8.56 caps it, 8.46 and 8.40 are next.
8.65 gets reclaimed, I'm out.
Sellers need this to hold. A clean rejection is what I wait for.
• 4H at 8.55, still below the EMA50 at 8.79, so structure favors sellers
• Daily is below the EMA200 at 8.85 too, higher chart agrees
• Only 1.1% to the stop, 1.8% to TP3, about 1.6R
SHORT zone 8.545–8.561 | targets 8.495, 8.456, 8.398 | stop 8.650
Plan, not advice.
8.56 caps it, 8.46 and 8.40 are next.
8.65 gets reclaimed, I'm out.
Sellers need this to hold. A clean rejection is what I wait for.
• 4H at 8.55, still below the EMA50 at 8.79, so structure favors sellers
• Daily is below the EMA200 at 8.85 too, higher chart agrees
• Only 1.1% to the stop, 1.8% to TP3, about 1.6R
SHORT zone 8.545–8.561 | targets 8.495, 8.456, 8.398 | stop 8.650
Plan, not advice.
