🚨 $AVAX — Missed the Top? Let’s Watch for the Bottom. 📉📈
I was waiting for confirmation and missed the move at the top. Price swept the mid-range and eventually took liquidity above the range high.
Now we’ve seen the range-high sweep followed by daily candle closes back below that level, which could indicate a potential reversal setup.
⚠️ Short Setup — High Risk
Entry: $9.70
Targets: $9.00 / $8.50 / $8.00 / $7.50
However, I personally wouldn’t encourage chasing this short. Protecting capital remains the priority.
🎯 The setup I’m watching is LONG
I’ll look to build a long position after price establishes support around the range low.
Accumulation Zone: $7.50
DCA Zone: $7.00
Potential Targets:
🎯 $9.00
🎯 $10.00
🎯 $10.50
$AVAX #AVAX
AVAXUSDT Perpetual
⚠️ DYOR and manage your risk carefully. No setup is guaranteed.
I was waiting for confirmation and missed the move at the top. Price swept the mid-range and eventually took liquidity above the range high.
Now we’ve seen the range-high sweep followed by daily candle closes back below that level, which could indicate a potential reversal setup.
⚠️ Short Setup — High Risk
Entry: $9.70
Targets: $9.00 / $8.50 / $8.00 / $7.50
However, I personally wouldn’t encourage chasing this short. Protecting capital remains the priority.
🎯 The setup I’m watching is LONG
I’ll look to build a long position after price establishes support around the range low.
Accumulation Zone: $7.50
DCA Zone: $7.00
Potential Targets:
🎯 $9.00
🎯 $10.00
🎯 $10.50
$AVAX #AVAX
AVAXUSDT Perpetual
⚠️ DYOR and manage your risk carefully. No setup is guaranteed.
