Careful with $AVA right now. +20% and this is what the chart shows 👇
Everyone's looking at AVA after 20%. I looked at the chart instead.
The break above 0.4324 was tiny (2.5%) and 0.4433 got rejected straight away. That's not strength, that's buyers running out of steam.
Next stop for me is 0.4069. Nobody's touched it since the pullback (22% of the leg), so it's the obvious magnet. A move above 0.4433 proves me wrong.
📌 My trade: short from 0.4355, stop at 0.4498, target 0.4069 (+6.6%, 1:2)
Would you take this trade or sit it out? 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#AVA #FuturesTrading #Altcoins
Everyone's looking at AVA after 20%. I looked at the chart instead.
The break above 0.4324 was tiny (2.5%) and 0.4433 got rejected straight away. That's not strength, that's buyers running out of steam.
Next stop for me is 0.4069. Nobody's touched it since the pullback (22% of the leg), so it's the obvious magnet. A move above 0.4433 proves me wrong.
📌 My trade: short from 0.4355, stop at 0.4498, target 0.4069 (+6.6%, 1:2)
Would you take this trade or sit it out? 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#AVA #FuturesTrading #Altcoins