Is $AVAX short idea valid at 8.30?
Watching the 4H at 8.30. Sellers need to hold below the EMA50 at 8.71.
🔴 SHORT · Entry 8.289–8.306 · TP 8.236 / 8.195 / 8.133 · SL 8.400
What tips it:
- Price is below the EMA200 on the daily at 8.83, trend's weak.
- Risk 1.2% to stop loss vs 2.0% to TP3, good risk to reward.
- Short-term BTC's bearish, it helps push this down.
NFA · DYOR
Watching the 4H at 8.30. Sellers need to hold below the EMA50 at 8.71.
🔴 SHORT · Entry 8.289–8.306 · TP 8.236 / 8.195 / 8.133 · SL 8.400
What tips it:
- Price is below the EMA200 on the daily at 8.83, trend's weak.
- Risk 1.2% to stop loss vs 2.0% to TP3, good risk to reward.
- Short-term BTC's bearish, it helps push this down.
NFA · DYOR
