The 4H closes on
$AVAX was ugly. Rejection confirmed. Looking for lower.
$AVAX - SHORT
Trade Plan:
Entry: 8.87229 – 8.91474
SL: 9.02088
TP1: 8.76615
TP2: 8.72370
TP3: 8.63879
Why this setup?
AVAX pushed back into a prior breakdown zone and immediately stalled, showing rejection around the intraday supply. Structure remains heavy at 8.894. #AVAX
As long as the price holds below 9.181, this appears to be a continuation after a relief bounce. Upside momentum lacks expansion, targeting liquidity under recent lows. @avax