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Trade Idea: AVAX SHORT

Opened 2025-09-24 09:32:14 · Valid until 2025-09-25 09:32:14 · Closed 2025-09-24 11:29:01 · Triggered 2025-09-24 10:07:02
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
SHORT CLOSED RR 2.00 Conf 75% Scalp hours
Entry 34.10000000
Stop 34.50000000
TP 33.80000000 / 33.50000000 / 33.20000000
Live 19.44000000
ROI 42.99% (vs entry)

Thesis and checks

The current market conditions for AVAX suggest a short opportunity based on recent price action and technical indicators.

  • The 5m chart shows a bearish divergence with RSI indicating weakening momentum as price approaches resistance at $34.50.
  • The 15m chart has formed a bearish engulfing pattern, confirming selling pressure around the current price level.

Trade ideas are educational. Manage risk and position size.