This recent sell-off was very direct. $AVAX facing pressure at highs is not the first time, but this time the reaction is clearly more severe. The signals from the market are already different.



I entered this short around 9.312. I had noticed earlier that this level couldn’t break through repeatedly. What really caught my attention was that the pullbacks were getting weaker, and buyers couldn’t hold. Now the price has hit 6.695, with a profit of +1994.86%, and the trend extension is obvious.

Many people see a retrace and want to chase longs, but then a bearish candle comes and everything falls apart. Simply put, the rhythm has changed. Strength is not sustained, and high levels easily become distribution zones. Now that you have profit, don’t be too greedy. Take profits in batches at 80/20, and lock the remaining position with a stop-loss protection.

Don't chase trades later; wait for a more favorable position before acting.

$BTC $ETH
AVAX-2.97%
BTC-0.95%
ETH-1.30%
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