🧙$AVAX whales casting spells on retail traders (and it's working👀. You see, when the price is below the EMA200, it's like walking into a dark forest - you don't know what's lurking in the shadows, but you know it's not good🧠. The momentum is bearish, the volume is thin, and the volatility is high... it's a perfect storm for a dump💡. Yes, I'm talking to YOU, retail trader - don't get caught in the trap🚨. The whales are hiding in the dark pool, waiting for the perfect moment to strike, and when they do, you'll be the one who's left crying🤡. So, be careful, my friend, because AVAXUSDT is falling faster than your hopes and dreams... and it's not looking like it's going to stop anytime soon⚡.
AVAX | SHORT🔴
💰Price: $11.691
📊Market Dashboard:
Vol: $170.99M | OI: $87.81M
Range: 11.22 - 12.06
Funding: -0.0026%
Mark: 11.69468628 | Index: 11.69810715
🎯Entry Zone: 11.80-11.90 (Looking for a pullback to the resistance level, where the whales will likely dump their bags)
🛑Stop Loss: 12.20 (Calculation: 1.5x ATR (0.2136) + current price, adjusted for market context)
💰Targets:
1. 11.40 (TP1: Below the recent swing low, where the bears will likely take control)
2. 10.80 (TP2: A key support level, where the price may bounce or break)
3. 9.50 (TP3: A longer-term target, where the bears may finally exhaust themselves)
⚖️Leverage: Cross 8x-12x (Adjusted for High (1.83%) Volatility)
🔑Key Drivers:
* Low volume and thin order books
* Bearish momentum and trend
* High volatility and risk profile
⚠️RISK WARNING: High leverage = High risk. Manage your bankroll!
⚠️CTA:👉Chart link: for science (and profit, mostly profit🧪
#AVAX #CryptocurrencyTrading #RiskManagement
