$AVAX

AVAX

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is meeting overhead pressure — a deny can turn into continuation lower. 🔴

$AVAX - SHORT

Trade Plan:

Entry: 8.878 – 8.930

SL: 9.061

TP1: 8.747

TP2: 8.695

TP3: 8.591

Why this setup?

AVAX weak-reclaim structure structure is on 4h, framed by a bearish 1D backdrop. Risk box: (8.878-8.930) (mid 8.904). ATR 1H at 0.104 (~1.2%) keeps the plan measurable. RSI 15m at 62 supports the trigger logic (momentum allows downside to develop).

While 9.223 holds as invalidation, 8.747 is the first stop (~1.8%) and RR ~0.49. If the trend leg runs, extension tracks toward 8.591 (~3.5%, RR ~0.98). Any acceptance beyond 9.223 flips the read.

Debate:

Do you think AVAX tags 8.747 first, or does selling pressure extend straight toward 8.591?

Trade here 👇 and comment your bias!