Short $AVAX : sellers need to hold the 10.88–10.91 level on 4H
Price is right in this zone. If sellers show up here, the move down will continue; if the price establishes itself above 11.0, I’ll step aside.
What I see:
- 4H price is 10.9, below the EMA50 at 10.9; the trend structure is still on the sellers’ side
- Risk is 1.3% to SL versus 2.8% to TP3; about 2.1R if the move plays out fully
- BTC’s short-term trend is bearish, which supports this idea
🔴 SHORT · Entry 10.88–10.91 · TP 10.78 / 10.71 / 10.59 · SL 11.04
Price is right in this zone. If sellers show up here, the move down will continue; if the price establishes itself above 11.0, I’ll step aside.
What I see:
- 4H price is 10.9, below the EMA50 at 10.9; the trend structure is still on the sellers’ side
- Risk is 1.3% to SL versus 2.8% to TP3; about 2.1R if the move plays out fully
- BTC’s short-term trend is bearish, which supports this idea
🔴 SHORT · Entry 10.88–10.91 · TP 10.78 / 10.71 / 10.59 · SL 11.04