The current $AVAX 4H candle is signaling heavy profit-taking and strong selling pressure at the top. Buyers are showing exhaustion near the peak, allowing sellers to aggressively push the price down.
➔ If the 4H candle closes below $11.20, it will confirm a Shooting Star pattern backed by massive selling volume.
📊 SHORT PLAN
– Entry Zone: $11.30 – $11.50
– Stop Loss: $11.90
– Targets: $10.40 | $9.60
⚠️ WAIT FOR THE 4H CANDLE TO CLOSE FULLY BELOW $11.20 (DO NOT ENTER WHILE ACTIVE).
➔ If the 4H candle closes below $11.20, it will confirm a Shooting Star pattern backed by massive selling volume.
📊 SHORT PLAN
– Entry Zone: $11.30 – $11.50
– Stop Loss: $11.90
– Targets: $10.40 | $9.60
⚠️ WAIT FOR THE 4H CANDLE TO CLOSE FULLY BELOW $11.20 (DO NOT ENTER WHILE ACTIVE).
