Trade Idea: AVAX SHORT

Opened 2026-04-05 06:21:03 · Valid until 2026-04-06 06:21:03 · Triggered 2026-04-05 12:37:01 · Closed 2026-04-05 22:51:01

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 1.70 Conf 75% Scalp hours

Entry

8.80000000

Stop

8.95000000

Targets

8.65000000 / 8.55000000 / 8.45000000

Live price

9.38000000

Live ROI

-6.59% vs entry

Idea ID

#10133

Now Entry Stop TP

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Thesis and checks

AVAX shows bearish signals across multiple timeframes suggesting a short scalp opportunity.

5m chart: Price rejected at resistance near 8.85 with bearish engulfing candle formation.
15m chart: RSI divergence indicates weakening bullish momentum.
1h chart: Price below 20 EMA and 50 EMA crossover bearish.
Stop placed just above recent resistance at 8.95 to limit risk.
Targets set near recent support levels at 8.65, 8.55, and 8.45 for good reward-to-risk ratio above 1.6.

Trade ideas are educational. Manage risk and position size.