#AVAXUSDT🚀 Today's Pro Futures Trading Plan $AVAXUSDT - May 4, 2025
• Trade Direction: Short
• Justification: Price sustains below descending MAs (7/25/99-period), with structure forming lower highs. Current price ($20.13) tests the 24h low ($19.986), favoring bearish continuation.
• Entry Zone:
• $20.00–$20.15
• Rationale: Confluence near 24h low retest and MA(7) resistance ($20.492). A breakdown below $20.00 confirms bearish momentum.
• Stop-Loss:
• $20.55 (above MA(7) and prior swing high)
• Invalidation: A close above $20.55 invalidates the downtrend structure.
• Risk/Reward Ratio:
• 1:2.5
• Risk Assessment: 2.5% price risk to SL; volatility supports reward potential.
• Profit Targets:
• Target 1: $19.60 (minor swing low, 24h range extension).
• Target 2: $19.20 (next psychological support, Fibonacci 61.8% extension).
• Target 3: $18.75 (structural low from prior data, optional).
• Strategy Explanation:
• Bearish alignment: Price below all key MAs signals downtrend.
• Break/retest logic: Failure to hold $20.00 confirms weakness.
• Lower highs on decreasing volume (Vol: 811K vs. MA(5): 1.15M) suggest fading momentum.
• Volume/Order Flow:
• Declining volume near resistance favors shorts. Watch for increasing sell-side liquidity below $20.00.
• Leverage Note:
• Moderate (3x–5x). Elevated volatility near support warrants caution.
• Market Sentiment:
• Bearish bias on higher timeframes. Price rejection at MA(99) ($21.182) reinforces selling pressure.
• Invalidation/Caution:
• A rebound above $20.55 or surge in volume above MA(5) signals short-term reversal. Monitor for aggressive long entries above this level.
Trade disciplined. Adjust targets if volatility expands. Risk ≤2% per trade.