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Trade Idea: AVAX SHORT

Opened 2025-09-26 07:11:58 · Valid until 2025-09-27 07:11:58 · Closed 2025-09-26 11:13:01 · Triggered 2025-09-26 07:31:01
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 1.60 Conf 75% Scalp hours
Entry 28.26000000
Stop 29.00000000
TP 27.50000000 / 27.00000000 / 26.50000000
Live 19.44000000
ROI 31.21% (vs entry)

Thesis and checks

The current price of AVAX shows a significant downtrend, providing a favorable opportunity for a short scalp trade.

  • 5m Chart: A bearish divergence is forming with decreasing volume, indicating potential weakness in the upward price action.
  • 15m Chart: The price has rejected the 29.00 resistance level multiple times, suggesting strong selling pressure at that point.

Trade ideas are educational. Manage risk and position size.