Short map for $AVAX on the 4H.
8.39 caps it, 8.24 and 8.16 are next.
8.52 gets reclaimed, I'm out.
I want to see the reaction before anything else.
Reasons:
- 4H at 8.38, below the EMA50 at 8.74: structure is with the sellers
- Stop 1.7% away, TP3 2.6% away: 1.6R if TP3 gets there
- RSI 33 on the 1H · already washed out, no chasing
🔴 SHORT
Entry: 8.370–8.394
TP: 8.299 / 8.243 / 8.160
SL: 8.521
Not advice. Your risk.
8.39 caps it, 8.24 and 8.16 are next.
8.52 gets reclaimed, I'm out.
I want to see the reaction before anything else.
Reasons:
- 4H at 8.38, below the EMA50 at 8.74: structure is with the sellers
- Stop 1.7% away, TP3 2.6% away: 1.6R if TP3 gets there
- RSI 33 on the 1H · already washed out, no chasing
🔴 SHORT
Entry: 8.370–8.394
TP: 8.299 / 8.243 / 8.160
SL: 8.521
Not advice. Your risk.
