$AVAX is down 6.5 percent right now and most retail traders are staring at the wrong coin chart
Chasing today's top gainer usually leaves you holding the exact bag some tired swing trader just dumped
Right now $AVAX sits at 10.3790 which is just 6 percent above the bottom of its daily range
Volume is dead at 0.8x average so nobody big is stepping in to save this dip
When you buy a coin bleeding this hard you are not catching a bargain
You are buying from someone who bought at 11.2520 yesterday and wants out before it drops further
The RSI is sitting at 32 showing heavy selling pressure with zero momentum left
Wait for volume to return before you touch any asset showing these numbers
What is your personal rule for avoiding a falling knife
#AVAX #TradingTips
Chasing today's top gainer usually leaves you holding the exact bag some tired swing trader just dumped
Right now $AVAX sits at 10.3790 which is just 6 percent above the bottom of its daily range
Volume is dead at 0.8x average so nobody big is stepping in to save this dip
When you buy a coin bleeding this hard you are not catching a bargain
You are buying from someone who bought at 11.2520 yesterday and wants out before it drops further
The RSI is sitting at 32 showing heavy selling pressure with zero momentum left
Wait for volume to return before you touch any asset showing these numbers
What is your personal rule for avoiding a falling knife
#AVAX #TradingTips