🚨 $AVAX USDT SHORT SETUP — REJECTION AT RESISTANCE! 🎯
$AVAX is showing rejection at a key resistance zone after failing to hold above recent highs. Momentum is shifting bearish, and this setup offers a clean short entry with defined risk and a solid risk-to-reward ratio.
Trade Plan:
📍 Entry: $10.595
🎯 Target 1: $9.977
🎯 Target 2: $9.565
🛑 Stop Loss: $11.007
📊 Risk: 0.412 (3.89%) | Reward: 0.618 (5.83%) to TP1, 1.03 (9.72%) to TP2 | R:R: 1:1.5 to TP1, 1:2.5 to TP2
Why Short?
· Rejection at key resistance zone
· Bearish structure forming on lower timeframes
· Tight invalidation — clean risk definition
· RSI showing exhaustion after recent push
Will AVAX hit the target or bounce back? comment below! 👇
#AVAX #Avalanche #Crypto #BinanceSquare #ShortSetup
(If you found this setup helpful, smash the 👍 LIKE button and consider leaving a 💡 TIP to support my work!)
$AVAX is showing rejection at a key resistance zone after failing to hold above recent highs. Momentum is shifting bearish, and this setup offers a clean short entry with defined risk and a solid risk-to-reward ratio.
Trade Plan:
📍 Entry: $10.595
🎯 Target 1: $9.977
🎯 Target 2: $9.565
🛑 Stop Loss: $11.007
📊 Risk: 0.412 (3.89%) | Reward: 0.618 (5.83%) to TP1, 1.03 (9.72%) to TP2 | R:R: 1:1.5 to TP1, 1:2.5 to TP2
Why Short?
· Rejection at key resistance zone
· Bearish structure forming on lower timeframes
· Tight invalidation — clean risk definition
· RSI showing exhaustion after recent push
Will AVAX hit the target or bounce back? comment below! 👇
#AVAX #Avalanche #Crypto #BinanceSquare #ShortSetup
(If you found this setup helpful, smash the 👍 LIKE button and consider leaving a 💡 TIP to support my work!)