$AVA is moving fast — this is where I would stop chasing and watch the reaction.
What stands out here is that volume is running about 5.4x its recent pace, open interest is down 13.7%, and the 1H move is -5.05%. That gives the move real context instead of treating every candle as a signal.
The current structure leans bearish, but higher-timeframe alignment is mixed. That makes confirmation at the next key level more important than the headline direction.
The area around $0.1501 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Do you think $AVA has another leg left, or is this move already too stretched?
#AVA #Trading
Trade plan: SHORT
Entry: $0.2538
SL: $0.3257
TP1: $0.1501
TP2: $0.1102
TP3: $0.0383
What stands out here is that volume is running about 5.4x its recent pace, open interest is down 13.7%, and the 1H move is -5.05%. That gives the move real context instead of treating every candle as a signal.
The current structure leans bearish, but higher-timeframe alignment is mixed. That makes confirmation at the next key level more important than the headline direction.
The area around $0.1501 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
Do you think $AVA has another leg left, or is this move already too stretched?
#AVA #Trading
Trade plan: SHORT
Entry: $0.2538
SL: $0.3257
TP1: $0.1501
TP2: $0.1102
TP3: $0.0383
