$AVAX
🔻 $AVAX SHORT SETUP 🔴 Sellers are stepping in — here's the setup. ⚡
$AVAX is exhibiting strong bearish momentum after a -3.66% decline, with price action currently pinned near the 24-hour low. The consistent selling pressure and failure to reclaim higher levels suggests that a continuation of the downtrend is likely if support fails.
📊 24h: -3.66% | Vol: $15,673,095.37
📉 TRADE PLAN
🔹 Entry: 9.424
🛑 Stop Loss: 9.540
🎯 TP1: 9.250
🎯 TP2: 9.120
🎯 TP3: 9.000
⚖️ Risk:Reward (TP1): 1:1.50
🔔 Trigger: A confirmed break and candle close below the immediate support level of 9.411.
⚠️ Risk Note: Low-range price action can result in high volatility; manage your position size accordingly.
Ensure that the bearish trend is confirmed on shorter timeframes before executing your entry.
#AVAX #CryptoTrading #MarketAnalysis #BinanceSquare
🔻 $AVAX SHORT SETUP 🔴 Sellers are stepping in — here's the setup. ⚡
$AVAX is exhibiting strong bearish momentum after a -3.66% decline, with price action currently pinned near the 24-hour low. The consistent selling pressure and failure to reclaim higher levels suggests that a continuation of the downtrend is likely if support fails.
📊 24h: -3.66% | Vol: $15,673,095.37
📉 TRADE PLAN
🔹 Entry: 9.424
🛑 Stop Loss: 9.540
🎯 TP1: 9.250
🎯 TP2: 9.120
🎯 TP3: 9.000
⚖️ Risk:Reward (TP1): 1:1.50
🔔 Trigger: A confirmed break and candle close below the immediate support level of 9.411.
⚠️ Risk Note: Low-range price action can result in high volatility; manage your position size accordingly.
Ensure that the bearish trend is confirmed on shorter timeframes before executing your entry.
#AVAX #CryptoTrading #MarketAnalysis #BinanceSquare