AVAX is hovering near 14.2 after a 2.8% pullback, and the next move looks bearish. Volume is thinning as the price approaches the 13.9 resistance.
🔴 $AVAX SHORT 📉
Entry $10.4236-$10.4444 | SL $10.7470 (-3.0%) | TP1 $10.2775 (+1.5%) | TP2 $9.9123 (+5.0%) | R/R 1:1.7 | Conf 65%
The market structure broke on a CHoCH, CVD turned negative confirming sell pressure, and a fair value gap lines up with an order block that now acts as resistance. The POI confluence of the order block and the FVG creates a strong short bias, and the price is respecting the 13.9 level.
A 3.0% stop is tight, so 5x leverage keeps the trade within a safe risk envelope.
Exit half the position at TP1 around 13.2 to lock in profit.
Not financial advice — trade only what you can afford to lose 🙏
$AVAX #AVAXUSDT #ethereumsurpasses2500usdt #TradingSignals #Write2Earn
🔴 $AVAX SHORT 📉
Entry $10.4236-$10.4444 | SL $10.7470 (-3.0%) | TP1 $10.2775 (+1.5%) | TP2 $9.9123 (+5.0%) | R/R 1:1.7 | Conf 65%
The market structure broke on a CHoCH, CVD turned negative confirming sell pressure, and a fair value gap lines up with an order block that now acts as resistance. The POI confluence of the order block and the FVG creates a strong short bias, and the price is respecting the 13.9 level.
A 3.0% stop is tight, so 5x leverage keeps the trade within a safe risk envelope.
Exit half the position at TP1 around 13.2 to lock in profit.
Not financial advice — trade only what you can afford to lose 🙏
$AVAX #AVAXUSDT #ethereumsurpasses2500usdt #TradingSignals #Write2Earn