I fumbled $AVAX and sold the bounce 😬
Yep.
I dumped my position after the ugly stretch below the 20d and 50d averages, then watched @avalancheavax rip 4% in the last 4h. Price is $8.54 now, up 4.39% today, with $49.73M traded and volume running 3x the 20d average 📈
The annoying part? RSI is only 55. This isn't even screaming overheated yet.
Still, longs are paying 0.010% funding while $AVAX remains 23% off its 30d high. $ETH strength probably helped, but I was the one who got impatient.
At $9, I’d stop chasing and wait for the chart to prove it can hold that level. I sold the fear and got punished for it ⚠️
#Avalanche #Crypto #Altcoin
Yep.
I dumped my position after the ugly stretch below the 20d and 50d averages, then watched @avalancheavax rip 4% in the last 4h. Price is $8.54 now, up 4.39% today, with $49.73M traded and volume running 3x the 20d average 📈
The annoying part? RSI is only 55. This isn't even screaming overheated yet.
Still, longs are paying 0.010% funding while $AVAX remains 23% off its 30d high. $ETH strength probably helped, but I was the one who got impatient.
At $9, I’d stop chasing and wait for the chart to prove it can hold that level. I sold the fear and got punished for it ⚠️
#Avalanche #Crypto #Altcoin