📉 Is AVAX About to Drop? Watch This Candle Carefully!
A bearish divergence is flashing warning signs on the AVAX/USDT 1H chart. Both MACD and RSI are showing classic momentum weakening, even as price hits a higher high. This could be the calm before the storm. ⚠️
🧠 Pro Tip:
"It can be a short entry ONLY if the current candle closes below the last one."
This confirms momentum reversal with confluence across indicators.
🔻 Bearish Confluences:
RSI Divergence (Lower High RSI vs Higher High Price)
MACD Histogram Losing Strength
Volume weakening on the push up
🎯 Entry Idea:
Short below candle close (~$24.00)
SL: $24.45
Target zone: $22.70 – $23.00
🚀 Trade smart, not fast. Let confirmation come to you.
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