$AVAX ｜Failure to hold the 11 level
Before looking at position sizes, first identify the key price levels.
The longer it has been since price last reached this level, the more the positioning around it may have changed. Past support and resistance may no longer hold.
When price swings back and forth near a key level, both sides may repeatedly get stopped out. Until the direction becomes clear, keeping positions small is often the better choice.
Unusual readings usually point to more intense volatility. At times like these, it is better to reduce leverage rather than make a large bet.
#AVAX
Before looking at position sizes, first identify the key price levels.
The longer it has been since price last reached this level, the more the positioning around it may have changed. Past support and resistance may no longer hold.
When price swings back and forth near a key level, both sides may repeatedly get stopped out. Until the direction becomes clear, keeping positions small is often the better choice.
Unusual readings usually point to more intense volatility. At times like these, it is better to reduce leverage rather than make a large bet.
#AVAX