AVAX is flashing a signal most traders are ignoring right now.
/USDT - SHORT
Trade Plan:
Entry: 8.95325 – 9.03675
SL: 9.245499
TP1: 8.744501
TP2: 8.661002
TP3: 8.494003
Why this setup?
4H chart is armed for a short. Daily trend is bearish, and RSI on lower timeframes shows weakening momentum, suggesting a move toward the first target near 8.74 is primed.
Debate:
Is this the start of a deeper correction, or will AVAX find support before TP1?
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AVAXUSDT
Perp
9.263
-4.43%